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    345 Miracle Mile Coral Gables, FL 33134

    For Sale
    $155,000

    Business Opportunity - Coral Gables, FL

    Days on Market:
    88
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 345 Miracle Mile

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use

    Building Details

    Architectural style
    Other

    Graber Realty Group (305) 606-2200 [email protected]

    Listing agent Richard Zimmerman (786) 362-5672 License #3554027

    Listing date Sep 10, 2025

    MLS# A11876454 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Salon Opportunity on Miracle Mile

    This established salon, located on Miracle Mile in Coral Gables, Florida, presents a business opportunity with over $300,000 in annual revenue. The salon benefits from consistent foot traffic, excellent visibility, and a well-maintained build-out. The space features quality fixtures, furniture, and equipment in good working condition. A favorable lease is in place with four years remaining. The current owner-stylists, who generate the majority of the revenue, are willing to remain as employees for up to two years post-sale to ensure client continuity and a smooth transition. This is a chance to acquire a turnkey salon in a retail corridor with immediate income and growth potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.261566
    Latitude
    25.749724

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    FAQs

    What type of property is this?
    Retail space - Turnkey salon with established revenue and growth potential on Miracle Mile.
    Where is this retail space located?
    The property is located at 345 Miracle Mile Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Turnkey salon on Miracle Mile in Coral Gables.; - Established business with over $300,000 in annual revenue.; - Experienced owner-stylists willing to stay for up to two years.
    (786) 362-5672
    Request Owner's contact information
    345 Miracle Mile Coral Gables, FL 33134
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    Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 Miracle Mile Coral Gables, FL 33134
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