MIAMI—Office condos are remerging but Tibor Hollo, chairman and president of Florida East Coast Realty (FECR), is adding a new twist to the trend. FECRF is selling both office and retail space at 2020 Ponce, the company's high end, class A mixed-use building in Coral Gables.

2020 Ponce was originally launched as a for-sale product in 2009. FECR reports success leasing space for the past several years. Now, in response to market demands, FECR is returning to its original vision for the space, offering office and retail units for sale with up to 50% developer financing.

“With a very long history in the real estate industry, we understand the importance of modifying our products to meet the market demand,” Hollo says. “We believe that now is the right time, while continuing with our successful leasing program, to offer our luxurious office and retail space at 2020 Ponce for sale once again.”