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    55 Miracle Mile Miami, FL 33134

    Sponsored
    For Lease
    Contact for pricing

    Prime Coral Gables Retail Space

    Lot size:
    65,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    55 Miracle Mile presents a unique opportunity to acquire a Class A retail center in the heart of Coral Gables, Miami-Dade County, Florida. This single-building property, constructed in 2004, boasts a total of 65,100 square feet of retail space, divided into 12 suites. The minimum divisible space is 1,325 square feet, with a maximum contiguous space of 3,091 square feet. Currently, 6,670 square feet is available for lease. The property offers ample parking with 419 spaces for tenants and customers. Its strategic location on Miracle Mile places it within a vibrant and affluent community, known for its upscale shopping, dining, and residential areas. The property benefits from its proximity to major transportation routes and key commercial, entertainment, and educational hubs. This makes 55 Miracle Mile an ideal location for businesses seeking high visibility and access to a discerning clientele. The property's Class A designation reflects its high-quality construction and modern amenities. This is a rare opportunity to secure a prominent retail presence in one of South Florida's most desirable locations. The zip code is 33134.

    Property Features for 55 Miracle Mile

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,100 SF
    Class
    A

    Building Details

    Year Built
    2004
    Buildings
    1

    Unit(s) available at that property

    Space
    67 Miracle Mile
    Size
    2,254 SF
    Space
    50 Aragon
    Size
    3,091 SF
    Space
    60 Aragon
    Size
    1,325 SF

    HighLights

    • Class A mixed‑use retail and office building in Coral Gables, FL.
    • Located directly beneath 184 residential condo units.
    • Strong tenant mix including The Gramercy, Club Pilates, Salons by JC, Ben & Jerry's, and more.
    • 65,110 square feet total building area (39,986 SF retail, 25,124 SF office).
    • Newest building on Miracle Mile, constructed in 2004.
    • Prime Coral Gables location, within walking distance of 50+ shops and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Richard L. Richards, ... Legal Services Maltzman & Partners, PA Attorney Linda Roth Pa Attorney Legendary Vacation Club Association Or Organization AIC Hotel Group Indoor Lodging

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2558071
    Latitude
    25.7499031

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    FAQs

    What type of property is this?
    Retail property - Prime Coral Gables Retail Space
    Where is this retail property located?
    The property is located at 55 Miracle Mile Miami, FL.
    What are key features of this property?
    This property features: Class A mixed-use retail and office building in Coral Gables, FL.; Located directly beneath 184 residential condo units.; Strong tenant mix including The Gramercy, Club Pilates, Salons by JC, Ben & Jerry's, and more.
    Request Owner's contact information
    55 Miracle Mile Miami, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 Miracle Mile Miami, FL 33134
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