220 Miracle Mile Coral Gables, FL 33134
Property profile & analytics
220 Miracle Mile, Coral Gables, FL 33134
- Retail residential properties
- 47,999 SF
- 0.55 lot acres
Property ID
US19-0510188
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Retail residential properties
Property Details for 220 Miracle Mile
- Year built
- 1950
- Construction
- CONCRETE
- Lot size
- 0.55 lot acres
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Retail residential properties
- APN
- 03-4117-005-0350
- APU
- 341170050350
Description
This exceptional single-tenant office space, located at 220 Miracle Mile in Coral Gables, Florida (zip code 33134), offers 47,999 square feet of fully furnished and renovated executive offices. Situated in the heart of Coral Gables' iconic Miracle Mile, this property boasts a prestigious address surrounded by upscale businesses, restaurants, and shops, creating an ideal environment for professionals. The building, encompassing a single structure with one suite, is zoned 6400 and has an APN of 03-41-17-005-0350. The space is bright and spacious, benefiting from abundant natural light. Included in the lease are access to a shared conference room and a fully equipped kitchen. All utilities are covered, including internet, electricity, and water. The expansive common areas further enhance the professional and comfortable atmosphere. This is a truly remarkable opportunity to establish your business in a highly desirable and convenient location. The property's single-tenant occupancy ensures a streamlined and efficient workspace.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $18,900,000
- 6.5%
- $17,445,000
- 7%
- $16,200,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $11,940,000
Market price range: $1.38M - $18.3M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $21,110,000 Current use
- MEDICAL BUILDING
- $21,080,000 Change: -0% Conversion: Easy
- RETAIL STORES
- $20,525,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2591
- Latitude
- 25.7492
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$308,038
$11,972,500
$11,674,500
$23,647,000
-
$11,972,500
$11,674,500
$23,647,000
