1301 E Ponce De Leon Blvd
Miami, FL 33134
Office Property For Sale

APEX Capital Realty is pleased to offer for sale 1301 Ponce de Leon. Located in a prime area of the Coral Gables, this 6,411 s.f. building represents the ultimate in location and investment opportunity for a savvy investor or an ideal base from which to operate a business for the busy professional (doctor, lawyer, dentist, etc). Currently the inside configuration has 17 rooms, a reception area, conference room, and 17 private parking spots. The property can also be redeveloped. Current zoning (C) allows for high density development. Easy walk to Miracle Mile and other restaurants and shops. The City of Coral Gables recently completed a $25 million project to rejuvenate Miracle Mile. The street was transformed into a pedestrian friendly plaza with fine dining and beautiful landscaping, accompanied with public art installations to be enjoyed by shoppers. The City also increased the Floor Area Ratio (FAR) from 1.45 to 3.0 allowing business owners and developers to add additional square footage to their properties. This may provide additional value-add to this prestigious property. For the first time in 60 years, the City of Coral Gables has initiated such an increase for the Miracle Mile area and are fast tracking this change.