Listing Summary
ONE Sotheby's International Realty is pleased to present an exceptional commercial real estate acquisition opportunity at Gables Ponce Condominium: Office Units OU1 and OU2, comprising approx. 10,296 SF of premier commercial office space at $11,000,000. Located on high-visibility Ponce de Leon Boulevard in Coral Gables, Florida, this asset features a double-height ground-floor presence, an approx. 1,545 SF mezzanine level, and 33 assigned covered parking spaces in an attached garage. Designed as a fully built-out corporate headquarters with MX2 zoning, this offering presents an outstanding opportunity for an owner-user or commercial real estate investor to secure a flagship presence in the Coral Gables Design & Innovation District Overlay.
Full Description
Executive Headquarters Opportunity
Positioned along one of South Florida's most active and prestigious commercial corridors, this offering provides corporate users, executive firms, creative agencies, and professional practices the rare chance to secure fee-simple ownership in place of a standard lease. The property consists of two separately addressed, contiguous units—Unit OU1 (approx. 8,315 SF) and Unit OU2 (approx. 1,981 SF)—within a modern, 10-story mixed-use condominium built in 2015.
Architectural Layout & Turnkey Interior Build-Out
Designed to high executive standards, the interior layout is fully built-out and ready for immediate occupancy with minimal capital expenditure required. Key architectural and interior features include:
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Double-Height Ground Floor: Sweeping street-front glazing and floor-to-ceiling glass exposure along Ponce de Leon Boulevard, maximizing natural ambient light and brand visibility.
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Mezzanine Level: An approx. 1,545 square foot functional upper level integrated smoothly into the main operational floor plan.
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Executive Infrastructure: A welcoming formal reception lobby, two professional conference rooms, private glass-partitioned executive offices, an open collaborative studio area, a dedicated employee café/kitchenette, and a secure server, plot, and copy room.
Income Stability & Expansion Flexibility
The dual-unit configuration offers remarkable operational flexibility. An incoming owner-user can occupy the primary workspace while retaining Unit OU2, which is currently leased to Kast Construction, LLC, providing immediate, reliable passive rental income. Alternatively, the second unit can be utilized for future corporate expansion or marketed independently.
Parking & Accessibility Advantages
Parking in downtown Coral Gables is notoriously constrained, making this asset an exceptional find. The offering includes 33 assigned garage parking spaces, delivering an elite parking ratio of approx. 3.2 spaces per 1,000 square feet, ensuring seamless daily accessibility for employees, executive leadership, and visiting clients
Quick Glance
- Listing ID:
CL-Florida-28845
- Status:
Active
- Year Build:
2015
- Building Size:
10,296 SqFt
- Lot Size:
N/A
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