Home » Properties » 3621 Ponce De Leon Blvd, Coral Gables FL 33134

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Rare Duplex Portfolio on Prestigious Ponce De Leon Blvd in Coral Gables

Two adjacent duplexes in Coral Gables with spacious units and prime redevelopment potential on a large 15,230 sq ft lot.

$4,295,000

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MLS #A11807331

Listing Updated: 2026-07-11 12:38:44

Listed By: London Foster Realty

Overview

This unique residential income property features two adjacent duplexes at 3621 and 3627 Ponce De Leon Boulevard in Coral Gables. The first building includes two spacious 2-bedroom, 2-bathroom units with comfortable living areas. The second property offers two 2-bedroom, 1-bathroom units set on a rare double lot. Together, these properties occupy a generous 15,230 square feet, offering exceptional potential for expansion or redevelopment. Located in the heart of Coral Gables, this portfolio benefits from its prestigious address and vibrant, sought-after setting. It currently generates a combined monthly income of $11,800, appealing to buyers seeking a prime multifamily investment or development opportunity in South Florida.

Property Highlights

Prime Coral Gables duplex portfolio with four 2-bedroom units across two adjacent properties. Rare large lot of over 15,000 square feet offers expansion or redevelopment potential. Located on prestigious Ponce De Leon Boulevard, this listing combines steady rental income with exceptional location appeal in one of Miami’s most desirable neighborhoods.

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 3621 Ponce De Leon Blvd, Coral Gables FL 33134

Year Built: 1953

Property Type: Residential Income

Property Sub Type: Duplex

Listing Office Name: London Foster Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $17,409

Days On Market: 381 Days

Original Listing Description

Prestigious Multi-Family portfolio or Development Site on Ponce De Leon Boulevard in the heart of Coral Gables! This one-of-a-kind investment opportunity consists of two adjacent duplexes located at 3621 and 3627 Ponce de Leon Boulevard, this prime location offers endless possibilities for expansion or redevelopment with a lot size of 15,230 square feet. The first duplex located at 3621 Ponce de Leon Blvd features two spacious 2-bedrooms, 2-bathroom units and spacious living areas. The second duplex located at 3627 Ponce de Leon Blvd boasts two 2-bedroom, 1-bathroom units and has a rare large double lot. This offering of two adjacent properties on this prestigious Boulevard boasts a monthly income of $11,800. Don’t miss this opportunity to acquire this truly unique investment opportunity!

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

3621 Ponce De Leon Blvd, Coral Gables FL 33134

About This Neighborhood

Situated in the heart of Coral Gables, this duplex portfolio benefits from the neighborhood’s established charm and accessibility. Known for its tree-lined streets and Mediterranean-inspired architecture, Coral Gables provides residents a refined yet comfortable lifestyle. Nearby, residents enjoy easy commutes to shops, dining, and business districts, making it an appealing location for professionals and families alike.

Walkability & Lifestyle

The property’s location on Ponce De Leon Boulevard offers excellent walkability to neighborhood essentials. Within minutes, residents can reach cafes, boutique shopping, parks, and local dining spots. The friendly neighborhood atmosphere supports an active lifestyle with easy access to outdoor spaces and community amenities.

Things To Do Nearby

Living in Coral Gables places residents near a variety of attractions including waterfront parks, marinas, and golf courses. Dining and nightlife options abound along nearby Miracle Mile and Giralda Avenue, while the city’s cultural centers and historic landmarks offer engaging weekend experiences. Outdoor enthusiasts appreciate proximity to bayfront trails and recreational facilities.

Nearby Schools

Coral Gables is renowned for strong educational options, with several respected public and private schools nearby. Families living in this area enjoy convenient access to quality education within a short drive, making it a practical choice for buyers prioritizing school access alongside neighborhood lifestyle.

Why Buyers Like This Area

Buyers appreciate this duplex portfolio for its blend of steady rental income and prime Coral Gables location. The spacious units and large lot provide flexibility for future growth or redevelopment. Its prestigious address and access to vibrant neighborhood amenities attract both residents and investors seeking long-term value in South Florida’s luxury market.

Investment Potential

This two-building duplex portfolio in Coral Gables presents a valuable opportunity for buyers interested in multifamily residential investment or redevelopment. The sizable lot allows room for expansion or new development, making it attractive for those seeking to maximize long-term potential. Its prime location on Ponce De Leon Boulevard draws steady rental interest due to convenient access to key local amenities and upscale living in the area.

Market Trends

Coral Gables continues to attract strong demand in the residential income sector, supported by its limited inventory and desirable location. Properties like this duplex offering blend steady rental cash flow with the potential for redevelopment, aligning well with local market trends favoring multifamily assets. Buyers will find this an appealing option amid South Florida’s competitive real estate environment.

Rental Income Potential

Currently generating $11,800 monthly, this duplex portfolio benefits from consistent rental demand due to its strategic location and well-sized units. The 2-bedroom configurations appeal to a wide range of tenants including professionals and small families. Seasonal and year-round rental interest in Coral Gables enhances its attraction as a balanced income property within an upscale community.