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Retail Space on Miracle Mile
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204 Miracle Mile, Coral Gables, FL 33134

2442 SF retail space in Coral Gables, Florida.

Property Size48,001 SF
Lot Size0.55 Acres
Days on Market274

Property Features for 204 Miracle Mile

General Information

Standard status Active
Size 48,001 SF
Lot size 0.55 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $339,732

Building Details

Building Size 48,001 SF
Year Built 1950
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 16 Last Checked: Aug 29 at 9:24AM

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 2442 SF retail space is located on Miracle Mile in Coral Gables, Florida. The space features generous ceiling heights and 16 feet of frontage. It benefits from a strong daytime population due to its proximity to surrounding offices and an affluent residential community. The property is located diagonally from Hillstone Restaurant, at the corner of Ponce De Leon Boulevard and Miracle Mile.

Key Highlights

  • Located on the famous Miracle Mile in Coral Gables.
  • High foot traffic due to proximity to offices and affluent residential area.
  • Strong daytime population.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience 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

8,738
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - 2442 SF retail space in Coral Gables, Florida.
Where is this retail space located?
The property is located at 204 Miracle Mile Coral Gables, FL.
What are key features of this property?
This property features: Located on the famous Miracle Mile in Coral Gables.; High foot traffic due to proximity to offices and affluent residential area.; Strong daytime population.
More about this property
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