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Retail Space on Miracle Mile
For Lease
$38,413

350 Miracle Mile, Coral Gables, FL 33134

5,151 SF retail space in Coral Gables, Florida.

Space SizeContact for details
Days on Market130

Property Features for 350 Miracle Mile

General Information

Standard status Active

Building Details

Year Built 1946
Listing Agency: Terranova Corp
Listed By: Stephen Bittel · License #0352785
Source: Thepennteam
Added: May 25 Changed: Sep 22 Last Checked: Oct 1 at 1:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Terranova Corp

Investment Insights

Based on property information with market context.

This 5,151 square foot retail space is situated on Miracle Mile in Coral Gables, Florida. The property features high ceilings, two entrances, a second floor, and additional parking. The building has an elegant facade with approximately 50 feet of frontage on the shopping and dining street. The surrounding community is affluent and home to multinational corporate headquarters and consulates. This property offers a rare opportunity for a large space in Coral Gables, Florida.

Key Highlights

  • Prime location on Miracle Mile in Coral Gables.
  • Large retail space (5,151 SF) with 50 feet of frontage.
  • Elegant facade and two entrances.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Auto Repair Shop Storage Facility Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,595
Businesses Nearby

Demographics for 33134, FL

38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Coral Gables, FL

$52.6 /SF/Yr
Avg Asking Price
$2.52–$85 /SF/Yr
Price Range
13,666 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 5,151 SF retail space in Coral Gables, Florida.
Where is this retail space located?
The property is located at 350 Miracle Mile Coral Gables, FL.
What is the lease rate?
The lease rate is $38,413.
What are key features of this property?
This property features: Prime location on Miracle Mile in Coral Gables.; Large retail space (5,151 SF) with 50 feet of frontage.; Elegant facade and two entrances.
More about this property
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