1111 Ponce De Leon Portefeuille à vendre 5 biens Coral Gables, FL

Colliers, as the exclusive listing broker, is proud to present the rare opportunity to acquire The 1111 Ponce de Leon Assemblage, a premier 1.98-acre covered land investment in the heart of Coral Gables, one of South Florida’s most prestigious and supply-constrained markets. This irreplaceable assemblage spans five parcels totaling 86,275 square feet of land area, encompassing two city blocks with over 200 linear feet of frontage on both Ponce de Leon Boulevard and East Ponce de Leon Boulevard. The site currently includes an 118-key hotel and four multifamily buildings comprising 29 units, offering immediate in-place income during entitlement or redevelopment planning. Strategically located within the North Ponce Mixed-Use District Overlay and the Residential Infill Regulations Overlay District, the property benefits from favorable zoning with MX-3 designation on the 1111 Ponce parcel and MF-2 on the remaining assemblage. These high density, high-intensity zoning classifications allow for a wide array of residential and commercial uses including multifamily, condominium, retail, office, medical, and educational facilities. Additionally, the site qualifies for two Mediterranean Architecture bonuses, enhancing future redevelopment flexibility and density potential. The zoning allows for the development of up to 215 units and 248,388 square feet of FAR.
Coral Gables has solidified its status as one of Florida’s most affluent enclaves, attracting a growing influx of high-net-worth individuals and prominent families. The city boasts an average household income of $240,000, positioning it among the top five wealthiest cities in the state. The luxury real estate market reflects this affluence, with median home sale prices reaching $1.4 million as of February 2025, a 39.6% increase year-over-year. Notably, Gables Estates has emerged as the most expensive neighborhood in the U.S., with average home prices at $21.2 million, surpassing even Beverly Hills . This surge in wealth and demand underscores Coral Gables appeal as a premier destination for luxury living, working and investment. We visualize a development opportunity to maximize allowable floor area, density, and building height with all available bonuses, incorporating a transformative mixed-use project that seamlessly integrates luxury residential, office, and retail components, strategically positioned for optimal long-term returns.