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Storefront Retail Space with High Ceilings
For Lease
$23,996

204 Miracle Mile, Coral Gables, FL 33134

Retail storefront on Miracle Mile with generous ceiling heights and strong daytime foot traffic.

Space Size2,442 SF
Property Size48,001 SF
Days on Market366

Property Features for 204 Miracle Mile

General Information

Standard status Active
Size 2,442 SF
Net Rentable 2,442 SF
Property subtype Retail

Space & Availability

Available Space 2,442 SF
Contiguous Space 2,442 SF
Space Use Retail

Site & Location

Frontage 16 ft
Corner Location Yes

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 Sue Mcilroy · License #3554513
Source: Silverleafrealtygroup
Added: Oct 1, 2025 Changed: Sep 25 Last Checked: Sep 30 at 3:14PM

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 2,442 SF retail space is positioned as a storefront opportunity on Miracle Mile. The space features generous ceiling heights and 16 feet of frontage, supporting strong in-line retail visibility throughout the day.

The location is in Coral Gables, Florida, with daytime population supported by the surrounding office and affluent residential community. The building sits diagonal from Hillstone Restaurant at the corner of Ponce De Leon Blvd and Miracle Mile.

Built in 1950, the space is offered for lease and is suited for a tenant seeking a high-visibility retail storefront setting on a well-known corridor.

Key Highlights

  • 2,442 SF retail storefront space
  • Generous ceiling heights
  • 16 feet of storefront frontage

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Auto Repair Shop Electrical Service Storage Facility (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

8,738
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
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

$56.8 /SF/Yr
Avg Asking Price
$38–$85 /SF/Yr
Price Range
3,386 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
Rey
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Similar Off Market Nearby

  • Enchanted Flowers & Floral — 556 Biltmore Way, Coral Gables, FL 33134
  • Flowers by Belkis
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront on Miracle Mile with generous ceiling heights and strong daytime foot traffic.
Where is this storefront property located?
The property is located at 204 Miracle Mile Coral Gables, FL.
What is the lease rate?
The lease rate is $23,996.
What are key features of this property?
This property features: 2,442 SF retail storefront space; Generous ceiling heights; 16 feet of storefront frontage
More about this property
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