3306-3310 Ponce De Leon Blvd 12,317 SF 100% Leased Retail Building Coral Gables, FL 33134 $8,962,574 CAD ($727.66 CAD/SF)

CBRE Inc. proudly presents “3310 Ponce” for sale, an Iconic retail and office building spanning approximately 11,167 square feet, located at 3306-3310 Ponce De Leon Boulevard in Coral Gables, Florida. This distinguished property boasts a prominent ground floor occupied by the renowned bridal store, Chic Parisien, under a long-term lease, and available second-floor office space that can accommodate multiple tenants or a single tenant of about 5,400 square feet. Constructed in 1925, 3310 Ponce stands out for its meticulously restored old Florida Mediterranean style architecture, with nearly 100 feet of frontage along Ponce De Leon Boulevard, the city’s main thoroughfare. This blend of architectural splendor, visibility, and location presents a unique opportunity for investors or owner-users to lease or occupy the property’s prime second floor space.
3310 Ponce is celebrated for its iconic architecture and renowned tenant, Chic Parisien. With much of the second floor vacant, along with a small month-to-month tenant, a new owner can capitalize on over 5,400 square feet facing Ponce De Leon Boulevard to develop, occupy, or re-tenant, while benefiting from stable income from the established ground floor tenant, who has been at the property for over 13 years with a long-term lease remaining.
Nestled in an ideal location offering accessibility and exclusivity, 3310 Ponce sits along Coral Gables’ primary north-south commercial corridor, one of South Florida’s premier urban submarkets. Positioned just north of Bird Road and S Dixie Highway and in close proximity to the Village of Merrick Park, one of Miami’s prominent outdoor shopping destinations, the property also offers easy access to Coral Gables’ central business district, featuring Miracle Mile, Ponce de Leon Circle, and a myriad of development sites, hotels, apartments, shopping, world-class restaurants and single-family homes. This vibrant area boasts numerous amenities, making it an ideal location for companies seeking to establish their business or headquarters. Additionally, the immediate vicinity ranks among the top performing commercial real estate markets in South Florida, characterized by low vacancy rates in both office and retail sectors, robust positive absorption, and escalating rental rates.