Home » Properties » 332 Miracle Mile, Coral Gables FL 33134

cf782423b90331886d210716295cc18b_cf782423b90331886d210716295cc18b-m1_1661566ffb4b0ff814884f3af2a5b998-83dcefb7

cf782423b90331886d210716295cc18b_cf782423b90331886d210716295cc18b-m2_9f49899de891b1f64c026830b4068d39-1ad5be0d

Retail Space for Sale at 332 Miracle Mile, Coral Gables

2948 sqft retail space on Miracle Mile, Coral Gables with high ceilings and 19 ft frontage in a vibrant shopping district.

$24,179

Interested in this property?

Contact our team to schedule a private tour or request additional information about this property.

Schedule a Tour Contact Agent

$ Mortgage Calculator ● WhatsApp

Florida Local Time --:--

MLS #A11900234

Listing Updated: 2026-07-25 12:22:58

Listed By: Terranova Corp

Overview

This 2948 sqft retail property is situated on the renowned Miracle Mile in Coral Gables, Florida. Built in 1946, the space features generous ceiling heights and 19 feet of frontage, offering excellent visibility on this bustling shopping and dining street. The location benefits from strong daytime foot traffic driven by nearby offices and an affluent residential community, making it an ideal spot for retail businesses seeking exposure in a prestigious area. Parking options include garage, on-street, and valet services, enhancing convenience for customers and staff alike.

Property Highlights

2948 sqft retail space, 19 ft frontage, high ceilings, prime Miracle Mile location, strong daytime traffic, parking garage, on-street and valet parking.

Property Details

City: Coral Gables

State: FL

Zip Code: 33134

Address: 332 Miracle Mile, Coral Gables FL 33134

Year Built: 1946

Property Type: Commercial Sale

Property Sub Type: Retail

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: $121,682

Days On Market: 248 Days

Original Listing Description

This 2948 SF retail space is located on famous Miracle Mile in Coral Gables, Florida. The space boasts generous ceiling heights and 19 feet of frontage on this popular shopping and dining street. 332 Miracle Mile sees strong daytime traffic due to the surrounding office and affluent residential community

Property Location

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

332 Miracle Mile, Coral Gables FL 33134

About This Neighborhood

Located in Coral Gables, Miracle Mile is a well-known shopping and dining destination characterized by a mix of upscale retail, offices, and residential properties. The neighborhood benefits from a strong local economy and a well-maintained urban environment. Its blend of commercial activity and residential living creates a balanced atmosphere that supports diverse business types. The area is recognized for its tree-lined streets, pedestrian-friendly design, and proximity to cultural attractions, making it a desirable location for retailers and customers alike.

Walkability & Lifestyle

Miracle Mile offers a pedestrian-friendly environment with easy access to shops, restaurants, and entertainment venues. The street’s design encourages foot traffic, supported by nearby parking options including garage, on-street, and valet services. Residents and visitors can enjoy a vibrant urban experience with convenient access to daily amenities and cultural attractions within walking distance.

Things To Do Nearby

The area around Miracle Mile features a variety of dining options, boutique shopping, and cultural venues. Nearby parks and waterfront areas provide outdoor recreation opportunities. Coral Gables is known for its historic charm, art galleries, and community events, offering diverse activities for residents and visitors. The vibrant commercial corridor supports an active lifestyle with many entertainment choices.

Nearby Schools

Coral Gables is served by a range of public and private schools known for quality education. The area’s residential communities provide convenient access to educational institutions, making it a practical location for families and employees alike. Proximity to schools contributes to the neighborhood’s appeal and supports a stable community environment.

Why Buyers Like This Area

Buyers appreciate this property’s prime location on Miracle Mile for its visibility and strong daytime traffic. The combination of a historic setting with functional retail features appeals to those seeking established commercial spaces. The surrounding affluent community and mix of office and residential neighbors create a stable environment that supports retail success. Convenience in parking and pedestrian access further enhances the property’s appeal.

Investment Potential

This retail property on Miracle Mile in Coral Gables offers a strategic location within a vibrant commercial corridor. The area attracts a steady flow of daytime visitors, including office workers and local residents, which supports consistent tenant interest. Its prominent frontage and ceiling height enhance usability for various retail formats. While the property is suited for retail operations, the surrounding affluent community and established business environment contribute to its appeal for potential occupants seeking visibility and accessibility.

Market Trends

Coral Gables continues to be a sought-after location for retail and commercial properties due to its established reputation and steady demand. Miracle Mile, in particular, maintains strong appeal because of its prime location and consistent foot traffic. Market conditions favor properties that offer visibility and accessibility, with limited inventory in this prestigious corridor. Buyers and tenants often value spaces that combine historic charm with functional retail features, contributing to sustained interest in listings like this one.

Rental Income Potential

The retail space on Miracle Mile benefits from high daytime traffic generated by nearby offices and affluent residents, supporting tenant demand. Its location on a popular shopping street enhances its attractiveness for retail businesses looking to capture consistent customer flow. While rental income can vary based on tenant type and market conditions, the property’s visibility and accessibility are positive factors for leasing potential in this active commercial district.