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Retail Suite with Parking
For Lease
$44,898

348 Miracle Mile, Coral Gables, FL 33134

Retail suite benefits from strong daytime traffic and multiple parking options, with prominent professional dining nearby.

Space SizeContact for details
Days on Market101

Property Features for 348 Miracle Mile

General Information

Standard status Active

Site & Location

Neighborhood Downtown Coral Gables

Building Details

Year Built 1946
Listing Agency: Terranova Corp
Listed By: Mindy Sue Mcilroy · License #3554513
Source: Thepennteam
Added: Jul 27 Changed: Nov 3 Last Checked: Nov 3 at 11:01AM

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 retail suite at 348 Miracle Mile in Coral Gables, FL offers a convenient setup for businesses serving the daytime office crowd. The surrounding area includes a concentration of office buildings within walking distance, supporting consistent weekday activity.

The tenant’s customer base is complemented by nearby full-service dining options, including Hillstone, The Gramercy, Fleming’s, Morton’s, and The Capital Burger, which are described as steps away. Parking is presented as a key convenience point, with ample metered, valet, and garage parking available for patrons.

Overall, the space is positioned for retail users that want direct access to a professional daily flow and readily available parking in the area.

Key Highlights

  • Retail suite within walking distance of office buildings
  • Professional dining nearby with Hillstone, The Gramercy, Fleming's, Morton's, and The Capital Burger steps away
  • Multiple parking options available, including metered parking, valet, and garage parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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.

Lease Details

NNN (Triple Net)
Lease Type

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

Lease Benchmarks for Coral Gables, FL

$46.48 /SF/Yr
Avg Asking Price
$2.16–$85 /SF/Yr
Price Range
27,041 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

Frequently Asked Questions

What type of property is this?
Retail space - Retail suite benefits from strong daytime traffic and multiple parking options, with prominent professional dining nearby.
Where is this retail space located?
The property is located at 348 Miracle Mile Coral Gables, FL.
What is the lease rate?
The lease rate is $44,898.
What are key features of this property?
This property features: Retail suite within walking distance of office buildings; Professional dining nearby with Hillstone, The Gramercy, Fleming's, Morton's, and The Capital Burger steps away; Multiple parking options available, including metered parking, valet, and garage parking
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