Florida dentist purchases $6.6M building for cosmetic dental clinic

Miami-based Dental Design Smile purchased a nearly vacant property for $6.6 million, real estate media outlet The Real Deal reported July 14.

Advertisement

Cosmetic dental clinic owner Elvis Mons plans to renovate and consolidate the Coral Gables, Fla.-based location. Leste Group, an alternative investment platform, provided a $4.4 million bridge loan to fund the purchase.

The five-story building is currently 90 percent vacant. Mr. Mons’ dentistry clinic plans to invest $3.5 million in renovations, including creating a rooftop and penthouse for VIP clients, according to Abiel Ballesteros of United Dream Real Estate, who closed the deal on behalf of the buyer. 

At the Becker's 5th Annual Future of Dentistry Roundtable, taking place September 14-15 in Chicago, dental leaders and executives will gain insights into emerging technologies, practice growth strategies and the evolving landscape of dental care delivery, with a focus on innovation, patient experience and operational excellence. Apply for complimentary registration now.

Advertisement

Next Up in Dentists

Advertisement

Comments are closed.