MiniCase on Appraisal
alec.delgado
ExampleofCostarData.pdf
Market Overviews
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Comparables
Sale Date Property Address Building SF Land Area
AC Sale Price Price Per SF
Building Class
Year Built Transaction Notes
Aug-19 1000 Ponce De Leon Blvd 18,552 0.54 $8,100,000 $437 C 1965 This is a three-story Class C office building that was renovated
in 2011, and has a 2.0/1,000 SF parking ratio.
Jun-19 3251 Ponce De Leon Blvd 13,447 0.18 $6,050,000 $450 B 1966 This is a two-story Class B office building that was renovated in
2017., and has a 1.19/1,000 SF parking ratio.
Jun-19 2800 Ponce De Leon Blvd 146,202 1.07 $59,750,000 $409 A 1997
This is a fifteen-story Class A office building that will be going
under significant improvements with the new owner. The
building has a 2/1,000 SF parking ratio.
Oct-18 300 Sevilla Ave 29,000 0.40 $10,961,000 $378 B 1969 This is a three-story Class B office building with a
2/1,000 SF parking ratio.
Mar-19 113 Almeria Ave 8,200 0.17 $4,000,000 $488 B 1954 This is a two-story Class B office building with
a .73/1,000 SF parking ratio.
Weighted Average $413
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Sales Comparables
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2151 S Le Jeune Rd
1000 Ponce de Leon Blvd
3251 Ponce de Leon Blvd
2800 Ponce de Leon Blvd
300 Sevilla Ave
113 Almeria Ave
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B
CD
E
N
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Sales Comparables · Map
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Property Name Address Year Built Building RSF Available RSF Occupancy Rent PSF
(NNN) Notes
The Plaza Coral Gables 2811 Ponce de
Leon Blvd 2020 291,267 291,267 0% $55-62
Class A office building under
construction superior to subject.
Offizzina 1200 Ponce De
Leon Blvd 2018 152,176 67,229 56% $43-55 Class A office space superior to subject.
Gables Corporate Plaza 2100 Ponce De
Leon Blvd 1981/ 2015 112,000 14,250 87% $38-50
Class A corporate space in the
heart of Coral Gables.
Merrick Plaza Building 2199 Ponce De
Leon Blvd 1980 48,866 15,744 68% $38.00 Class A office space.
Alhambra Towers 121 Alhambra Plaza 2003 174,307 8,616 95% $48.50 Class A office space.
Columbus Center 1 Alhambra Plaza 1991 261,867 111,013 58% $48.00 Class A office building.
Regions Bank Tower 2800 Ponce De
Leon Blvd 1997 146,202 33,067 77% $43-48
Class A office building located next to The Plaza Coral Gables.
Weighted Average $44.83
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Lease Comparables
Comparables
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F
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2151 S Le Jeune Rd
2811 Ponce de Leon Blvd
1200 Ponce de Leon Blvd
2100 Ponce de Leon Blvd
2199 Ponce de Leon Blvd
121 Alhambra Plaza
1 Alhambra Plaza
2800 Ponce de Leon Blvd
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Lease Comparables · Map
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C D E
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F
G
