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Operating Spa & Wellness Property
For Sale
Contact for pricing
Pending

281 Coral Way, Coral Gables, FL 33134

Two-level commercial space includes an improved upper-floor suite with a separate private entrance.

Property SizeContact for details
Days on Market144

Property Features for 281 Coral Way

General Information

Standard status Pending
Property subtype Special Purpose
Zoning MX-2

Additional Details

Business Included Yes
Listing Agency: Compass Florida, LLC
Listed By: Anthony Perez · License #3314879
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 2 at 3:01AM

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 Compass Florida, LLC

Investment Insights

Based on property information with market context.

This operating salon property combines an established commercial operation with additional improved space. The second floor contains a 1,150-square-foot loft configured with its own private entrance, providing a distinct upper-level component within the building. The property is available for a variety of commercial uses, subject to applicable requirements.

The address places the asset in Coral Gables within the Miracle Mile business district, an area characterized by dining, boutique shopping, and meeting venues. MX-2 zoning supports development to a four-story building height, adding a vertical development component to the existing two-level configuration. The salon has served South Florida for over 30 years.

Key Highlights

  • Operating salon serving South Florida for over 30 years
  • 1,150 SF improved second‑floor loft with private entrance
  • MX‑2 zoning allows development to four‑story building height

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Restaurant Locksmith Pet 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

8,637
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Coral Gables Acupuncture 2645 Douglas Rd #501, Miami, FL 33133

Frequently Asked Questions

What type of property is this?
Spa & wellness property - Two-level commercial space includes an improved upper-floor suite with a separate private entrance.
Where is this spa & wellness property located?
The property is located at 281 Coral Way Coral Gables, FL.
What are key features of this property?
This property features: Operating salon serving South Florida for over 30 years; 1,150 SF improved second‑floor loft with private entrance; MX‑2 zoning allows development to four‑story building height
More about this property
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