Listing Summary
ONE Sotheby’s International Realty is proud to present a premier inline retail opportunity at 221 Miracle Mile
Full Description
221 Miracle Mile: A Flagship Retail Opportunity in the Heart of Coral Gables
Premier In-Line Space | 4,000 SF | World-Class Retail Corridor
ONE Sotheby’s International Realty is proud to present a rare and prestigious retail opportunity at 221 Miracle Mile. Offering approximately 4,000 square feet of prime in-line frontage, this property is situated on one of South Florida’s most iconic and commercially successful thoroughfares. Located in the absolute epicenter of Coral Gables, this site places your brand on a vibrant stretch known globally for its Mediterranean charm, consistent pedestrian energy, and high-income consumer base.
The Location: Miami-Dade’s Premier Shopping Destination
Miracle Mile serves as the "Main Street" of the City Beautiful, acting as a magnet for both high-end locals and international visitors. This location provides more than just a storefront; it provides a permanent brand statement in a walkable, destination-driven environment.
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Exceptional Visibility: With a prominent street presence, the property captures constant eyes from the dense daytime population of nearby office towers and the heavy evening/weekend traffic driven by the area's renowned dining and entertainment scene.
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Curated Neighbors: You will be positioned alongside a sophisticated mix of national flagship brands, exclusive boutique retailers, and legendary culinary institutions, ensuring a high-quality co-tenancy that drives consistent foot traffic.
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Vibrant Urban Ecosystem: The property benefits from its immediate proximity to Class A office buildings, luxury residential high-rises, boutique hotels, and multiple public parking garages, ensuring effortless accessibility for your clientele.
Space Specifications & Financials
This 4,000 SF suite is designed for a tenant seeking a high-impact presence with a layout that supports both traditional retail and experiential concepts.
| Financial Metric |
Detail |
| Base Rent |
$75.00 / SF / YR |
| Operating Expenses (NNN) |
$12.00 / SF / YR |
| Total Effective Rent |
$87.00 / SF / YR |
| Monthly Total |
$29,000.00 |
| Available Space |
4,000 SqFt |
| Lease Type |
NNN |
Ideal Use Cases for a Flagship Presence
221 Miracle Mile is a "blank canvas" for brands that prioritize street presence and a high-touch customer experience. The space is ideally suited for:
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Fashion & Lifestyle: High-end apparel boutiques or accessory showrooms.
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Beauty & Wellness: Luxury skincare, med-spas, or premium fitness concepts.
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Specialty Retail: Jewelry houses, art galleries, or high-end home decor showrooms.
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Culinary & Café: Artisanal bakeries, specialty coffee concepts, or boutique bistros looking to capitalize on the Mile’s famous dining culture.
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Service-Oriented Luxury: Professional firms or lifestyle services that require a prominent ground-floor entry.
Building Highlights & Strategic Value
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Prime Frontage: Direct exposure on Miracle Mile with significant signage potential.
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High-Income Demographics: Access to one of the wealthiest zip codes in Florida.
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Turnkey Potential: Functional in-line configuration ready for a custom build-out.
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24/7 Energy: Strong daytime professional population supplemented by nightlife and weekend tourism.
Advisor Note: Miracle Mile vacancies of this size—especially those with a single-tenant footprint—are increasingly rare. This is a strategic opportunity to secure a long-term position in a supply-constrained market that continues to set the standard for luxury retail in South Florida.
Quick Glance
- Listing ID:
CL-Florida-27502
- Status:
Active
- Year Build:
N/A
- Building Size:
4,000 SqFt
- Lot Size:
N/A