Yamili Montero Leases Office Space To Vanessa Diaz At 770 Ponce De Leon Boulevard
770 Ponce De Leon Boulevard
$29
$29/SF
Building Size
9,000 SF
Asset Type
Office
Closing
Dec 14, 2025
AI
The asset involved in the transaction is an office space located at 770 Ponce De Leon Boulevard in Coral Gables. The lease is for a total square footage of 9,000 and has an asking rent set at $29 per square foot. The lease term is established for a duration of 5 years and operates under a Full Service Gross lease type.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $29/ft
- Square Footage: 9,000
- Address: 770 Ponce De Leon Boulevard
- Market: Coral Gables
- Landlord: Yamili Montero
- Tenant: Vanessa Diaz
- Landlord's Representative: Manny Chamizo III - Sotheby's International Realty
- Tenant's Representative: Sebastian Chamizo - One Sotheby’s International Realty
- Lease Term: 5 years
- Lease Type: Full Service Gross
The key individuals involved in this transaction include the landlord, Yamili Montero, and the tenant, Vanessa Diaz. Representing the landlord is Manny Chamizo III from Sotheby's International Realty, while Sebastian Chamizo from One Sotheby’s International Realty represents the tenant. The closing of this lease was noted as another successful deal completed by the MCIII Team.
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
547000.00%
Cash-on-Cash
-156334.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93