
1930 Ponce De Leon Blvd 1930, Coral Gables, FL 33134
Miami-Dade County
Key Facts
Description
Now a LOWER PRICE with NO KEY MONEY and only extra deposits in place of guarantee! Exceptional opportunity to take over a fully built-out restaurant in the heart of Coral Gables on highly trafficked Ponce de Leon Boulevard. This 3,820 SF second generation space is strategically positioned in one of Miami’s strongest dining corridors, surrounded by dense residential, office, and high-income demographics. The restaurant features a complete sit down restaurant build-out including commercial kitchen infrastructure, hood system, two updated grease traps, dining area, bar area, and all necessary restaurant improvements. The best feature the restaurant has is a dedicated delivery pickup area with smaller kitchen and refrigeration area with a separate area on Navarre st. Ideal for a modern delivery/ sit down hybrid restaurant concept where an operator can step into a move-in ready location without the time, cost, and permitting delays associated with a new build-out. Property is right next to the Coral Gables target. Approximately 3 years left on the lease and includes a five year option. Rent is approximately $18k a month, including NNN expenses. $/SF is approximately $37.70 PSF + $20 PSF. Will require four base rent deposits with the landlord plus three deposits with the tenant, as landlord will not release tenant from their personal guarantee. Subtenant will have NO PERSONAL GUARANTEE, only Good Guy guarantee ( give keys back).
Property Information
Property Type
Commercial Lease
Sub-Type
Business
Structure Type
Retail
Year Built
1939
Living Area
5,854 sq ft
Lot Size
6,066 sq ft
Days on Market
111
MLS® Listing#
A11975803
Property Features
Cooling
Heating
Flooring
Water Source
Financial Details
Parcel Number
03-41-08-006-0900
Affordability Calculator
$3,600
Estimated monthly payment
$96/mo
Principal $14,400 · Est. interest $20,089 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Coral Gables, FL
- $433,266
- Median Listing Price
- 94
- Median Days on Market
- 1,785
- Median Sq Ft
- $243
- Median Price / Sq Ft
- 3,913
- Active Listings
- This home’s price is 96% below the area median.
- Its price per sq ft is 99% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Coral Gables, FL.
Location
Points of Interest in Coral Gables, FL
Showing the Coral Gables area map.
Nearby Schools
Coral Gables Elementary School
Elementary · 0.1 mi away
Merrick Educational Center
School · 0.2 mi away
Coral Gables Preschool
School · 0.3 mi away
International Christain School
School · 0.5 mi away
Kerube's Korner Prek & Kid Kare
School · 0.5 mi away
Wisdom Warehouse
School · 0.6 mi away
Gables Montessori School
Elementary · 0.6 mi away
Banyan Day School
Elementary · 0.7 mi away
Jose Marti School
School · 0.8 mi away
Somerset Gables Academy
School · 1.0 mi away
Auburndale Elementary School
Elementary · 1.1 mi away
The English Center
School · 1.2 mi away
Miami Dade County Public Schools for
School · 1.2 mi away
St. Philip's Episcopal School
School · 1.3 mi away
Jose Marti School
School · 1.3 mi away
Kinloch Park Elementary School
Elementary · 1.3 mi away
Sunflowers Academy
School · 1.4 mi away
International Children's School
School · 1.4 mi away
Kinloch Park Middle School
Secondary · 1.4 mi away
Lincoln-Marti Schools
School · 1.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2747 Santa Barbara Boulevard N, Cape Coral, FL | $12,900 | — | — | — |
| 125 W Sunrise Ave, Coral Gables, FL | $12,998/mo | 4 | 3 | 2,710 |
| 3920 Monserrate St, Coral Gables, FL | $13,000/mo | 5 | 4 | 2,908 |
| 299 Alhambra Cir 302, Coral Gables, FL | $13,104/mo | — | — | 62,327 |
| 252 Bayshore Drive, Cape Coral, FL | $13,145/mo | 3 | 2 | 2,228 |
| 299 Alhambra Cir 219/221/222, Coral Gables, FL | $13,173/mo | — | — | 62,327 |
Moving Cost Estimate
EXIT Agents in Coral Gables
Listing Courtesy: Synergy Realty Advisors - 3052973557
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