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770 Ponce De Leon Boulevard

Yamili Montero Leases Office Space To Vanessa Diaz At 770 Ponce De Leon Boulevard
LEASEDOffice

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

Manny Chamizo III

Sotheby's International Realty

Broker

$199.1M

vol

30 deals

Broker
One Sotheby’s International Realty
One Sotheby’s International RealtyBrokerage

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