305-609-4190
314 Miracle Mile, Coral Gables FL 33134
Active Retail

314 Miracle Mile, Coral Gables FL 33134

Coral Gables, FL, 33134

$3,100,000

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Beds
—
Baths
—
Sq Ft
1957
Year Built
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Lot Sq Ft
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Garage

Photo Gallery (8 photos)

About This Property

Presenting a unique opportunity to own a free standing retail building on the world famous Miracle Mile. This property is ideal for investors or owner occupant. It is located steps away from Starbucks, Seasons 52, Doc B's, Publix and Hill Stones Restaurant. There is ample parking available in the municipal garage located behind the building on Andalusia Street.

Property Details

MLS #

A12028308

Status

Active

Property Type

Commercial Sale

Sub Type

Retail

Year Built

1957

Days on Market

92

Stories

1

Pool

No

Waterfront

No

HOA Fee

None

Est. Insurance

$1,033/mo

Tax Amount

—

Garage

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Lot Size

—

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$21,700
Est. Monthly Rent
1.9%
Cap Rate
9.7%
Cash-on-Cash
$59,897
Net Operating Income

ROI Projections (4% Annual Appreciation)

157%
5-Year ROI
Value: $3,771,624
337%
10-Year ROI
Value: $4,588,757
545%
15-Year ROI
Value: $5,582,925

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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