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4649 Ponce De Leon Boulevard

Laser Place Miami Leases Office Space At 4649 Ponce De Leon Boulevard In Coral Gables
LEASEDOffice

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:

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

Mauricio Zapata

Chariff Realty Group

Broker

$61.5M

vol

34 deals

Broker

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