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Prime Restaurant Space on Miracle
For Sale
$37,251

137 Miracle Mile, Coral Gables, FL 33134

Restaurant space available on the coveted Miracle Mile.

Property Size7,158 SF
Lot Size0.17 Acres
Price / SF$9.09
Days on Market183

Property Features for 137 Miracle Mile

General Information

Standard status Active
Size 7,158 SF
Lot size 0.17 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $69,077

Building Details

Building Size 7,158 SF
Year Built 1950
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Elliman
Added: Mar 10 Changed: Sep 6 Last Checked: Sep 7 at 5:26AM

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.

Located in the center of the 100th block of Miracle Mile, the property at 137 Miracle Mile, formerly occupied by Panera Bread, offers 4,100 square feet of interior space. The property features 30 feet of frontage and ample outside seating. Miracle Mile is known for its neighborhood feel, charming pedestrian path, and dining scene. Co-tenants on the 100th block include Buccan, Fuku, Maman and Moxies. This location is suited for restaurants and other commercial real estate ventures.

Key Highlights

  • Located in the heart of the desirable Miracle Mile.
  • Benefits from a strong dining scene and pedestrian traffic.
  • Features 4100 sqft of interior space.

Property Analytics

Current Use

Restaurants

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.

Location Intelligence

Trade Area within ½ mile

8,774
Businesses Nearby
Under-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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Petunia Cooking 515 Catalonia Ave Departamento 2, Coral Gables, FL 33134
  • Conceptually Social Catering 250 Catalonia Ave, Coral Gables, FL 33134
  • Aspen Catering 300 Sevilla Ave, Coral Gables, FL 33134
  • PASSION FOODS Coral Gables, FL 33134
  • Beyond the Box Catering 284 Alhambra Cir, Coral Gables, FL 33134

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space available on the coveted Miracle Mile.
Where is this restaurant located?
The property is located at 137 Miracle Mile Coral Gables, FL.
What is the asking price?
The asking price for this property is $37,251.
What are key features of this property?
This property features: Located in the heart of the desirable Miracle Mile.; Benefits from a strong dining scene and pedestrian traffic.; Features **4100 sqft of interior space.**
More about this property
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