345 MIRACLE MILE, Coral Gables FL 33134, CORAL GABLES, FL, 33134
Active343 days on marketListed Sep 10, 2025MLS #A11876454
About this property
The property at a glance
Prime salon opportunity on the prestigious Miracle Mile in Coral Gables. This established salon has been operating successfully with over $300,000 in annual revenue and benefits from consistent foot traffic, excellent visibility, and a beautifully maintained build-out. The space is thoughtfully designed with quality fixtures, furniture, and equipment in good working condition, paired with a favorable lease that has four years remaining. Two experienced owner-stylists, who generate the majority of revenue, are willing to remain as employees for up to two years post-sale, ensuring client continuity and a smooth transition. This is a rare chance to acquire a turnkey salon in one of Miami’s most sought-after retail corridors, with immediate income and strong growth potential.
0
Lot sq ft
Mixed Use
Zoning
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$999/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
7,777
Population
$163,743
Median income
46
Median age
3
Avg household
$826,307
Median home value
$2,798/mo
Median rent
817
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near 345 MIRACLE MILE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,900
306 alcazar ave # 205, Coral Gables FL 33134
Sold Jun 16, 2026
$1,025,000
432 NW 12th Ave, Miami FL 33128
Sold Jun 18, 2026
$55
2100 Ponce De Leon Blvd # 600, Coral Gables FL 33134
Sold May 25, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 345 MIRACLE MILE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 345 MIRACLE MILE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Graber Realty Group LLC · Richard Zimmerman. MLS #A11876454.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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