NOT LISTED FOR SALE

Ponce Tower 1805 Ponce de Leon Blvd Unit 100 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $4,042,524

-- Bed
2 Baths
1,047 Sq Ft
$3,861/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $40 $0 Per Sq Ft

Est. 10,106,210% increase in value since last sale

Current estimated payment $24,854/month

129 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Concrete Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Security Guard
  • 3-minute walk to Phillips Park

About This Home

As of July 2015

Centrally located Coral Gables retail space located at 1805 Ponce De Leon Blvd; Ponce Towers. Unit 100, has direct exposure on Ponce. Unit is in shell condition and ready for build-out. Ample Garage Parking. Ponce Towers offer an idyllic mix of storefront retail shops and professional office suites, all just a short stroll from the boutiques and bistros of famous miracle mile in the vibrant heart of Coral Gables. Exclusively listed with RE/MAX Advance Realty. Also available for Sale.

Last Agent to Sell the Property

Billy Planes

RE/MAX 360 Real Estate License #3085463 Listed on: 09/08/2014

RE/MAX 360 Real Estate

Last Buyer's Agent

Billy Planes

RE/MAX 360 Real Estate License #3085463 Listed on: 09/08/2014

RE/MAX 360 Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 5,295 Sq Ft Lot
  • Property is zoned 64/COMM

Parking

  • 15 Parking Spaces

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Additional Features

  • Concrete Flooring
  • City Lot

Listing and Financial Details

  • Tenant pays for electricity, janitorial service, sales tax
  • Assessor Parcel Number 03-41-08-119-0010

Community Details

Overview

  • No Home Owners Association
  • Ponce Tower 1805 Ponce Condos

Security

  • Security Guard

Property Details

Property Type

Other

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 2008
  • Property Sub Type: Lease
  • Business Type: Restaurant/Bar, Retail Space
  • Directions: 1805 PONCE BETWEEN MADEIRA AVE & MAJORCA AVE. 4 BLOCKS FROM MIRACLE MILE
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Lease
  • Year Built Details: New Construction
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Flooring: Concrete
  • Possible Use: Primary

Exterior Features

  • Roof: Concrete
  • Construction Type: CBS Construction
  • Lot Features: City Location
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Ponce Tower 1805 Ponce
  • Parking Features: Assigned, Garage-Under Building
  • Total Parking Spaces: 15

Utilities

  • Electric: 110 Volts Power
  • Electricity On Property: Yes
  • Security: Fire Sprinkler System, Security Guard

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-08-119-0010
  • Current Use: Commercial Lease
  • Land Lease: No
  • Lot Size Sq Ft: 5295
  • Zoning: 64/COMM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Janitorial Service, Sales Tax
  • Lease Term: 4 To 6 Year Lease

Tax Info

  • Tax Annual Amount: 25139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2016
Sold by
Ii Lugano Holding Llc
Bought by
Century Commercial Group Llc
Current Estimated Value
$4,042,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,213,530
Interest Rate
3.92%
Mortgage Type
Commercial
Estimated Equity
$2,828,994

Purchase Details

Closed on
Feb 4, 2014
Sold by
Cdg Gables Llc
Bought by
Lugano Holding Llc

Purchase Details

Closed on
Dec 28, 2012
Sold by
Villa Ponce Reph Llc
Bought by
Cdg Gables Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
Villa Ponce Llc
Bought by
Villa Ponce Reph Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Century Commercial Group Llc $1,950,000 Attorney
Lugano Holding Llc $7,035,000 Attorney
Cdg Gables Llc $3,914,700 Attorney
Villa Ponce Reph Llc $7,972,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Century Commercial Group Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $40 0.0% $0 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
09/08/2014 09/08/14 For Sale $40 -- $0 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,041 $1,615,250 -- --
2023 $29,041 $1,569,750 $0 $0
2022 $28,608 $1,547,000 $0 $0
2021 $28,282 $1,451,450 $0 $0
2020 $25,198 $1,319,500 $0 $0
2019 $32,835 $1,719,900 $0 $0
2018 $30,563 $1,638,000 $0 $0
2017 $30,103 $1,592,500 $0 $0
2016 $28,104 $1,456,000 $0 $0
2015 $28,635 $1,456,000 $0 $0
2014 $22,919 $1,137,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Planes

    Seller's Agent in 2015

    Billy Planes

    RE/MAX

    (561) 618-6655

    6 in this area

    28 Total Sales

    Billy Planes
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About Ponce Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2002382

MIAMI REALTORS® MLS

APN: 03-4108-119-0010

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

1805 Ponce de Leon Blvd Unit 100, Coral Gables, FL

This home is located at 1805 Ponce de Leon Blvd Unit 100, Coral Gables, FL 33134 since 08 September 2014 and is currently estimated at $4,042,524, approximately $3,861 per square foot. This property was built in 2008. 1805 Ponce de Leon Blvd Unit 100 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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