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
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