Home » Properties » 220 Miracle Mile # B242, Coral Gables FL 33134

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Office Space for Rent at 220 Miracle Mile, Coral Gables

1500 sqft office suite available for rent on Miracle Mile, Coral Gables, featuring private office, reception, conference room, and breakroom.

$5,250

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MLS #A11902239

Listing Updated: 2026-07-26 18:34:43

Listed By: Terranova Corp

Overview

This 1500 sqft office space is located on the renowned Miracle Mile in Coral Gables, Florida. The suite is an interior unit without windows, thoughtfully designed to include a large private office, a reception area, a conference room, and a breakroom. Positioned on the 200th block of Miracle Mile, the building is directly across from Hillstone and near popular spots like Pura Vida and Carrot Express. The location offers convenient access to local amenities and is well-served by parking options including garage, on-street, and valet services.

Property Highlights

1500 sqft interior office suite, private office, reception area, conference room, breakroom, prime Miracle Mile location, parking garage, on-street and valet parking.

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 220 Miracle Mile # B242, Coral Gables FL 33134

Year Built: 1950

Property Type: Commercial Sale

Property Sub Type: Office

Listing Office Name: Terranova Corp

County: Miami-Dade County

Garage Spaces:

Parking Features: Garage, On Street, Valet

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $339,732

Days On Market: 248 Days

Original Listing Description

This 1500 SF office space is located on the famous Miracle Mile in Coral Gables, Florida. This suite is an interior suite (no windows) that includes a large private office, reception area, conference room and breakroom. The location of the building is situated on the 200th block of Miracle Mile directly across from Hillstone and a few doors down from Pura Vida and Carrot Express.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

220 Miracle Mile # B242, Coral Gables FL 33134

About This Neighborhood

Located in the vibrant Coral Gables neighborhood, Miracle Mile is a premier commercial corridor known for its upscale shops, restaurants, and cultural venues. The area blends historic charm with modern amenities, creating a dynamic environment for businesses. Miracle Mile’s central location provides easy access to major roads and public transportation, making it convenient for employees and clients alike. The neighborhood’s active commercial scene and well-maintained public spaces contribute to a professional yet inviting atmosphere.

Walkability & Lifestyle

Miracle Mile offers excellent walkability with numerous dining, shopping, and entertainment options within easy reach. The area’s pedestrian-friendly streets encourage foot traffic and create a lively atmosphere. Nearby parks and waterfront areas provide opportunities for outdoor activities and relaxation. The presence of public transportation and accessible parking further enhances convenience for daily commutes and client visits.

Things To Do Nearby

The Miracle Mile corridor features a variety of restaurants, cafes, and boutique shops, making it a vibrant destination for work and leisure. Nearby cultural venues and galleries add to the local appeal. Outdoor enthusiasts can enjoy nearby parks and waterfront access, while nightlife options and recreational facilities are also within a short distance. This blend of amenities supports a balanced professional and social lifestyle.

Nearby Schools

Coral Gables is served by a range of reputable public and private schools, providing convenient educational options for families in the area. While this property is commercial, its location within Coral Gables offers easy access to these educational institutions, which can be a consideration for business owners and employees with families. The neighborhood’s commitment to quality education supports a stable community environment.

Why Buyers Like This Area

Buyers and tenants appreciate Miracle Mile for its prime location in Coral Gables, combining accessibility with a prestigious business address. The area’s mix of retail, dining, and cultural attractions enhances the work environment. Properties here benefit from strong community support and steady demand, making it a desirable choice for office space. The availability of parking and proximity to major thoroughfares add to the convenience factor.

Investment Potential

This office space on Miracle Mile in Coral Gables offers a sought-after location for businesses seeking visibility and accessibility. The area attracts a diverse range of professionals and companies, enhancing tenant interest. Its proximity to well-known dining and retail establishments supports steady foot traffic, making it appealing for office use. While the suite is an interior space without windows, its functional layout with dedicated office and meeting areas supports various business needs, contributing to its rental appeal.

Market Trends

Coral Gables’ commercial real estate market remains steady with consistent demand for well-positioned office spaces. Miracle Mile continues to attract businesses due to its high visibility and accessibility. The market favors properties that offer functional layouts and proximity to amenities. Although inventory levels fluctuate, spaces in established locations like this tend to maintain interest from tenants seeking quality office environments in a prestigious area.

Rental Income Potential

The office space’s location on Miracle Mile supports a stable rental market, benefiting from the area’s commercial activity and foot traffic. Businesses looking for a central Coral Gables address find this location appealing. Seasonal demand may influence tenant interest, especially given the area's popularity with local professionals and visitors. The suite’s layout and parking options enhance its usability, which can contribute to sustained rental appeal over time.