Technical
Financial
Distress signals
Property profile

246 Miracle Mile Coral Gables, FL 33134

OFF-MARKET
Outlet malls
Property ID
US18-6325677
6,449 SF 0.14 ac lot Built 1930
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1930
Construction CONCRETE
Total area 6,449 SF
Lot 0.14 ac (6,000 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4117-005-0315
UPID US18-6325677

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Vocational School

Location

246 Miracle Mile Coral Gables, FL 33134-5908
Coral Gables metro Census 6203 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

Zoning & alternative use

6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Top alternative use upside
Medical building $2.8M +2.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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