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Office Unit with Conference Room
New
For Lease
$5,250/Mo

220 Miracle Mile #B242, Coral Gables, FL 33134

Flexible office layout includes a conference room, a kitchen, and a large office that can be divided into two.

Space SizeContact for details
Property Size48,001 SF
Days on Market3

Property Features for 220 Miracle Mile #B242

General Information

Standard status Active
Size 48,001 SF
Zoning 5004

Space & Availability

Divisible Yes
Space Use Office
Private Offices 1
Meeting Rooms 1

Site & Location

Neighborhood Downtown Coral Gables

Taxes and HOA fees

Annual Taxes $339,732

Amenities

kitchen

Building Details

Building Size 48,001 SF
Year Built 1950
Units 34
Listing Agency: Terranova Corp
Listed By: Stephen Bittel · License #0352785
Source: Futureoptionrealty
Added: Oct 23 Changed: Oct 24 Last Checked: Oct 24 at 2:36PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit offers a conference room, a kitchen, and a large office with the option to configure it as two separate offices. The space measures 48,001 square feet and is located at 220 Miracle Mile #B242 in Coral Gables. The building dates to 1950.

Key Highlights

  • 48,001‑square‑foot office unit
  • Conference room and kitchen
  • Large office can be divided into two separate offices

Property Analytics

Current Use

Office Units

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
$0.20 /SF/Yr
CAM

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

Lease Benchmarks for Coral Gables, FL

$39.77 /SF/Yr
Avg Asking Price
$1.07–$74.71 /SF/Yr
Price Range
16,989 SF
Avg Space Size

This space is priced 97% below the average of $39.77 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office layout includes a conference room, a kitchen, and a large office that can be divided into two.
Where is this office unit located?
The property is located at 220 Miracle Mile #B242 Coral Gables, FL.
What is the lease rate?
The lease rate is $5,250/Mo.
What are key features of this property?
This property features: 48,001‑square‑foot office unit; Conference room and kitchen; Large office can be divided into two separate offices
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