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2317-2319 Ponce De Leon Blvd
Coral Gables, FL 33134

Popular Bank Coral Gables · Retail Property For Sale

Investment Highlights

  • Corporately Guaranteed by Popular Bank | Credit Rating BBB
  • Situated on Ponce De Leon Blvd, one of Coral Gables most prominent corridors with over 16,000 Vehicles Per Day
  • 1 Block from Miracle Mile, Coral Gables premier destination for dining, shopping, and entertainment
  • 17 years of operational history at this location, Over 189m of annual Deposits Per FDIC
  • Coral Gables is Miami's most affluent neighborhood with a median household income of over $118,000
  • 21 Banks within a 1-mile radius with over $30b in Annual Deposits

Executive Summary

Founded in 1893, Popular, Inc. is a publicly traded, full-service financial services provider in the United States, Puerto Rico, and the
Virgin Islands. Popular, Inc. is one of the 50 largest U.S. banks by assets. Popular Bank is the U.S. banking subsidiary of Popular, Inc.
Since Popular Bank opened its doors in the Bronx, NY in 1961, we have remained committed to our strong sense of the heritage and
values set forth by Popular, Inc. over a century ago. Then and still today, a defining characteristic of our brand is our dedication to
putting customers at the heart of everything we do.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
4,348 SF
Building Class
B
Year Built
1926
Price
$5,209,000
Price Per SF
$1,198
Cap Rate
5.56%
NOI
$289,680
Tenancy
Single
Building Height
2 Stories
Building FAR
1.73
Lot Size
0.06 AC
Zoning
CB - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-4108-007-3520
Land Assessment
$943,500
Improvements Assessment
$330,439
Total Assessment
$1,273,939
  • Listing ID: 33909992

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 2317-2319 Ponce De Leon Blvd, Coral Gables, FL 33134

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