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Free Standing Retail Building
For Sale
$3,100,000

314 Miracle Mile, Coral Gables, FL 33134

Own a standalone retail building with parking in a municipal garage behind the property.

Property Size2,381 SF
Days on Market96

Property Features for 314 Miracle Mile

General Information

Standard status Active
Size 2,381 SF
Property subtype Retail

Building Details

Building Size 2,381 SF
Year Built 1957
Listing Agency: Florida Realty of Miami Corp
Listed By: Carlos Bolado · License #3136598
Source: Luxeknows
Added: Jun 1 Changed: Sep 2 Last Checked: Sep 4 at 10:13AM

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 Florida Realty of Miami Corp

Investment Insights

Based on property information with market context.

This free-standing retail building is offered for sale and is well suited for either investors or an owner-occupant. The property’s commercial design supports retail operations, with parking access provided through a municipal garage located behind the building.

Located at 314 Coral Way in Coral Gables, the building is positioned on Miracle Mile, with multiple established restaurants and retailers nearby, including Starbucks, Seasons 52, Doc B’s, Publix, and Hill Stones Restaurant. Convenience to nearby shopping and dining is a practical advantage for customer-facing uses.

With ample parking available in the municipal garage behind the building on Andalusia Street, the site supports retail customers who may arrive by car. The area’s measured walk and bike scores indicate moderate accessibility for pedestrians and cyclists, while transit scoring suggests service is present but not the primary mode. This combination can support a range of storefront-oriented concepts seeking a standalone presence.

Key Highlights

  • Free‑standing retail building built in 1957
  • On‑site parking available in a municipal garage behind the building on Andalusia Street
  • Located on the Miracle Mile, steps from Starbucks, Seasons 52, Doc B's, Publix, and Hill Stones Restaurant

Property Analytics

Current Use

Storefront properties

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

8,595
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
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Similar Off Market Nearby

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

What type of property is this?
Storefront property - Own a standalone retail building with parking in a municipal garage behind the property.
Where is this storefront property located?
The property is located at 314 Miracle Mile Coral Gables, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Free‑standing retail building built in 1957; On‑site parking available in a municipal garage behind the building on Andalusia Street; Located on the Miracle Mile, steps from Starbucks, Seasons 52, Doc B's, Publix, and Hill Stones Restaurant
More about this property
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