2121 Ponce — Sale in Coral Gables, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Coral Gables, FL 33134

Description

European modern architecture, common areas styled with mahogany and stainless steel finishes, Knoll furnishing, halogen lighting and oriental rugs atop terrazzo floors Wellness center – free to tenants Five floor garage with convenient dual ingress and egress— 305 covered parking spaces

Market Context

This office in Coral Gables, FL is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale in Coral Gables, FL — view the full market.

As of Q4 2025, the Miami office market showed average asking rents near $61.49/SF/yr, rents up 2.6% year over year, and cap rates around 6.9%. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Miami?
About 6.9% as of Q4 2025, per multiple brokerage reports.

Estimated Market Rate

$771.06/SF – $1,043/SF

Mid: $907.13/SF

Rate estimator only; cost-of-business estimate unavailable.

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