United Dream Real Estate Acquires Office Building In Coral Gables For $6.6M
3195 Ponce de Leon Boulevard, Coral Gables, FL 33134, USA
$6,600,000
$377/SF
Building Size
17,500 SF
Asset Type
Office
Closing
Jun 29, 2020
AI
An office property located at 3195 Ponce De Leon Blvd in Coral Gables has recently been sold for $6,600,000. The transaction took place on June 29, 2021. The office space spans approximately 17,500 square feet, resulting in a price per square foot of $377.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,600,000
- Address: 3195 Ponce De Leon Blvd
- Market: Coral Gables
- Asset Type: Office
The sale was facilitated by Daniel A. Lopez and Abiel Ballesteros, representatives from United Dream Real Estate. For more information about the sale, you can contact United Dream Real Estate at (786) 325-3370.
Abiel Ballesteros and Daniel A. Lopez served as the brokers representing the parties involved in the transaction.
Players
Coral Gables Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93