David Ramirez
Retail

Commercial Sale · Retail

$3,100,0002,381 sq ft$1,302 /sq ft

314 Coral Way, Coral Gables FL 33134, CORAL GABLES, FL, 33134

Active76 days on marketListed Jun 1, 2026MLS #A12028308

About this property

The property at a glance

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.

2,381

Building sq ft

$1,302

Price / sq ft

3,000

Lot sq ft

1957

Year built

1

Building

5004

Zoning

Retail

Property type

Building size2,381 sq ft
Lot size3,000 sq ft
Year built1957
Buildings1
Zoning5004
Business typeRetail Space
ParkingAssigned
ConstructionConcrete Block Construction

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)

Down payment25% · $775,000
Interest rate6.00%
Loan term

Estimated payment

$16,941/mo

Principal & interest$13,940
Est. property taxes$2,842
Est. insurance$160

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

38,000vehicles / day · 2025Sr- 976/Sw 40 St to Miracle Mile / Coral · Traffic count · Florida DOT

What’s nearby

California Pizza KitchenRestaurant0 mi
StarbucksRestaurant0 mi
Doc B's Restaurant + BarRestaurant0 mi
Bodega Taqueria y TequilaRestaurant0 mi
Seasons 52Restaurant0 mi
The Cheesecake FactoryRestaurant0.1 mi
Liquor DreamsRestaurant0.1 mi
Cortadito Coffee House Coral GablesRestaurant0.1 mi
Bulla GastrobarRestaurant0.1 mi
BenihanaRestaurant0.1 mi
Hillstone RestaurantRestaurant0.1 mi
Tap 42 Craft Kitchen & Bar - Coral GablesRestaurant0.1 mi
Bugatti BistroRestaurant0.1 mi
Carrot ExpressRestaurant0.1 mi
GustaveRestaurant0.1 mi
PublixGrocery0.1 mi
Sushi SakeRestaurant0.1 mi
Pummarola Coral GableRestaurant0.2 mi
Mint Leaf Indian BrasserieRestaurant0.2 mi
Bank of AmericaBank0.2 mi
Panera BreadRestaurant0.2 mi
L'ArtisaneGrocery0.2 mi
Ocean BankBank0.2 mi
La ProvenceGrocery0.2 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

36,937

Population

$92,009

Median income

46

Median age

2.29

Avg household

$660,200

Median home value

$1,818/mo

Median rent

3,736

Households w/ kids

Recent sales

What actually sold near 314 Coral Way

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

1707 SW 5th St, Miami FL 33136

$2,110,000

1707 SW 5th St, Miami FL 33136

Sold Apr 4, 2025

2770 SW 27th Ave, Miami FL 33133

$138,450

2770 SW 27th Ave, Miami FL 33133

Sold Oct 1, 2024

5741 SW 8 Street, Miami FL 33144

$2,850

5741 SW 8 Street, Miami FL 33144

Sold Jun 18, 2026

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 314 Coral Way — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 314 Coral Way.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

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Listing courtesy of Florida Realty of Miami Corp · Carlos Bolado. MLS #A12028308.

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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