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Property profile & analytics
OFF-MARKET
Small apartment buildings

3903 Ponce De Leon Blvd Coral Gables, FL 33134

Built 1947
Property ID
US18-1922710
Property summary
AI-generated overview

This exceptional Coral Gables investment opportunity presents two adjacent duplexes totaling four units, situated on a combined 25,525 square foot lot at 3903 Ponce De Leon Blvd, Coral Gables, FL 33134. Built in 1947, this two-story property offers a unique chance for developers or investors seeking high-return potential. The combined lots boast a substantial buildable area of 17,000 square feet, allowing for the construction of up to seven townhomes, each projected at 2,428 square feet of livable space with 22 feet of frontage. The property's strategic location provides both Ponce De Leon Boulevard frontage and access to Southwest 39th Avenue for convenient garage entrances. Its prime Coral Gables location places it within walking distance of the Shops at Merrick Park and the heart of downtown Coral Gables, ensuring high occupancy rates and strong rental demand. The asking price for this combined property is $1,950,000, presenting a compelling opportunity for those seeking a lucrative investment in a highly desirable area. This is a rare chance to acquire a significant parcel in a prime location with exceptional development potential.

Property profile
Verified
Property type Small apartment buildings
Year built 1947
UPID US18-1922710
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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