Laser Place Miami Leases Office Space At 4649 Ponce De Leon Boulevard In Coral Gables
4649 Ponce De Leon Boulevard
Building Size
1,231 SF
Asset Type
Office
Closing
Feb 14, 2025
AI
The property involved in the transaction is an office space located at 4649 Ponce De Leon Boulevard in Coral Gables, FL, with a total square footage of 1,231 SF.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 4649 Ponce De Leon Boulevard
- Market: Coral Gables
- Tenant: Laser Place Miami
- Brokers: Daniil Morgalin, Juan Ortiz, Lyle Chariff & Mauricio Zapata - Chariff Realty Group
The deal was executed by Laser Place Miami leasing office space, with the representation handled by the brokers from Chariff Realty Group, including Daniil Morgalin, Lyle Chariff, Mauricio Zapata, and Juan Ortiz, who facilitated the transaction.
Players
Coral Gables Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93