Welcome to The Ponce – a collection of 3 magnificent, newly-constructed, fully-leased residential units in central Coral Gables. This is a rare opportunity to purchase a trophy, cash-flowing investment portfolio in a prime location, and to take advantage o

3400 PONCE DE LEON BLVD #3, Coral Gables

$3,300,000 USD
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Address3400 PONCE DE LEON BLVD #3, Coral Gables
Building NameTHE PONCE
Type of PropertyTriplex
Property StyleTriplex
Price$3,300,000
Property StatusActive
MLS NumberA11011551
Living Area4359
Lot Size5020
Year Built2020
Parking Space Number5
Folio Number03-41-17-088-0010
Zoning Information0000
Days on Market47

Detailed Description: Welcome to The Ponce – a collection of 3 magnificent, newly-constructed, fully-leased residential units in central Coral Gables. This is a rare opportunity to purchase a trophy, cash-flowing investment portfolio in a prime location, and to take advantage of the thriving rental market in Miami. Offering consists of a 2-story home (3BR / 2.5BA, 2-car garage, 2,676 tot SF), a guest’s quarters (studio w / full kitchen, bathroom and private entrance on the 2nd floor above the garage, 594 total SF), and a 2-story townhome next door (3BR / 2.5BA, total 1,750 sq.ft) – all of which are less than two years old and generating amazing cash flow. Design inspired by Bermuda’s English and Spanish colonial architecture. This is a portfolio sale; units will not be sold individually. Please don’t disturb Tenants.

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Address Information
StateFlorida
CityCoral Gables
CountyMiami-Dade County
Zip Code33134
Address3400 PONCE DE LEON BLVD
Section17
Zip Code (4 Digits)7213
Financial Information
Price$3,300,000
Price per Foot$0
Folio Number03-41-17-088-0010
Association Fee PaidMonthly
Association Fee$1,772
Tax Amount$40,000
Tax Year2020
Possession InformationFunding
Full Descriptions
Detailed DescriptionWelcome to The Ponce – a collection of 3 magnificent, newly-constructed, fully-leased residential units in central Coral Gables. This is a rare opportunity to purchase a trophy, cash-flowing investment portfolio in a prime location, and to take advantage of the thriving rental market in Miami. Offering consists of a 2-story home (3BR / 2.5BA, 2-car garage, 2,676 tot SF), a guest’s quarters (studio w / full kitchen, bathroom and private entrance on the 2nd floor above the garage, 594 total SF), and a 2-story townhome next door (3BR / 2.5BA, total 1,750 sq.ft) – all of which are less than two years old and generating amazing cash flow. Design inspired by Bermuda’s English and Spanish colonial architecture. This is a portfolio sale; units will not be sold individually. Please don’t disturb Tenants.
How to ReachConveniently located on the south side of Downtown Gables. 11 blocks from Miracle Mile and 5 blocks from The Plaza. Also, 8 blocks from Shops at Merrick Park. Coral Gables Trolly stop right in front of the building for fast, free and easy transportation.
Roof DescriptionFlat Tile
Floor DescriptionCeramic Floor, Tile
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area4359
Lot Size5020
Zoning Information0000
Year Built2020
Type of PropertyTriplex
StyleTriplex
Building NameTHE PONCE
Development NameTHE PONCE
Construction TypeCBS Construction
Stories Number2.000
Parking Space Number5
Listed withBHHS EWM Realty