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Retail Space on Miracle Mile
For Sale
$44,898

348 Miracle Mile, Coral Gables, FL 33134

5,702 SF retail space in Coral Gables, Florida.

Property Size7,140 SF
Price / SF$7.87
Days on Market381

Property Features for 348 Miracle Mile

General Information

Standard status Active
Size 7,140 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $134,006

Building Details

Building Size 7,140 SF
Year Built 1946
Listing Agency: Terranova Corp
Listed By: Mindy Mcilroy · License #3554513
Source: Luxeknows
Added: Oct 1, 2025 Changed: Oct 13 Last Checked: Oct 15 at 8:37AM

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

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Investment Insights

Based on property information with market context.

This 5,702 square foot retail space is situated on Miracle Mile in Coral Gables, Florida. The property features high ceilings and an elegant facade with approximately 50 feet of frontage on this shopping and dining street. The surrounding community is affluent and home to multinational corporate headquarters and consulates. This property offers a rare opportunity for a large space in Coral Gables, Florida.

Key Highlights

  • Prime location on the famous Miracle Mile in Coral Gables.
  • Large retail space with 5,702 SF.
  • Significant street frontage of close to 50 feet.

Property Analytics

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Current Use

Retail space

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

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 5,702 SF retail space in Coral Gables, Florida.
Where is this retail space located?
The property is located at 348 Miracle Mile Coral Gables, FL.
What is the asking price?
The asking price for this property is $44,898.
What are key features of this property?
This property features: Prime location on the famous Miracle Mile in Coral Gables.; Large retail space with **5,702 SF**.; Significant street frontage of close to 50 feet.
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