Interior
- Bathrooms
- 0
- Flooring
- Ceramic Tile
Active · Retail
$3,100,000
314 Miracle Mile, Coral Gables, FL 33134
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1957
- Lot size
- 3,000 sq ft
- HOA fee
- —
- Annual tax
- —
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 location
Get Directions314 Miracle Mile, Coral Gables, FL 33134
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1957
- Lot size
- 3,000 sq ft
- Construction
- Block
Parking
- Covered spaces
- 0
- Parking features
- Assigned
HOA, Community & Financials
- Security
- Motion Detectors, Smoke Detectors
- County
- Miami-Dade
- Days on market
- 92
- MLS listing ID
- A12028308
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$6,067
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $14,696/mo
- Down payment
- $775,000
- Loan amount
- $2,325,000
- Annual NOI
- $103,540
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.