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770 Ponce De Leon Boulevard

Yamile Montero Of RPM Properties Leases Office At 770 Ponce De Leon Boulevard To Oscar Rodriguez
LEASEDOffice

Yamile Montero Of RPM Properties Leases Office At 770 Ponce De Leon Boulevard To Oscar Rodriguez

770 Ponce De Leon Boulevard

$29

$29/SF

Building Size

3,500 SF

Asset Type

Office

Closing

Dec 10, 2025

AI

The property involved in this lease transaction is located at 770 Ponce De Leon Boulevard in Coral Gables. The asset type is office space comprising 3,500 square feet. The asking rent for the property is set at $29 per square foot, and the lease term spans over 5 years with a modified gross lease structure.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $29/ft
  • Square Footage: 3,500
  • Address: 770 Ponce De Leon Boulevard
  • Market: Coral Gables
  • Landlord: Yamile Montero - RPM Properties
  • Tenant: Oscar Rodriguez - Arena Capital
  • Brokers: Sebastian Chamizo & Manny Chamizo III - One Sotheby’s International Realty
  • Lease Term: 5 years
  • Lease Type: Modified Gross Lease

Key individuals in this transaction include the landlord Yamile Montero representing RPM Properties and the tenant Oscar Rodriguez from Arena Capital. The brokerage team facilitating the deal is comprised of Sebastian Chamizo and Manny Chamizo III, who are associated with One Sotheby’s International Realty.

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
Oscar Rodriguez

Oscar Rodriguez

Tenant

$172.1M

vol

6 deals

Tenant

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