Property Miracle Mile- RESTAURANT FOR SALE Coral Gables for sale with MLS# A11141314

LUXURY CORAL GABLES Restaurant Business FOR LEASE. This is a rare opportunity to lease a fully built-out flagship restaurant in the heart of Miracle Mile, one of Coral Gables' most prestigious dining corridors. The space was originally developed at a cost of approximately $2.6 million and was previously offered for sale for $2 million. It is now available directly from the landlord for $100,000 in key money, allowing a new operator to launch a concept at a fraction of the original investment. The restaurant is being offered fully equipped from the kitchen to the dining room with 201 seating. Lounge seating bar & outdoor covered dining area. Rent Level: Approximately 30% below market compared to nearby Miracle Mile restaurant spacesEasy to show.

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Days on the market

Miracle Mile- RESTAURANT FOR SALE, Coral Gables, FL 33134

Price
Price:
$100,000.00
Previous Asking Price:
$350,000.00
Original List Price:
$2,000,000.00
Business Info
Financial Data Source:
Owner
Year Established:
6
Years Current Owner:
6
Number Of Full Time Employees:
0
Hours and Days Of Operation:
Open More Than8 Hours Day
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Bar/tavern/lounge, Restaurant, Food And Beverage
Listing Category:
Business Opportunity
MLS Number:
A11141314
Description of Last Important Update:
Price Change
Last Major Update on:
January 11, 2026 2:10 pm
Measures
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built Details:
Unknown
Flooring:
Ceramic Tile
Taxes and Expenses
Tax Annual Amount:
$0.00
Insurance Expense:
$10,000.00
Parking
Parking Total Spaces:
10
Covered Spaces:
0
Parking Features:
Common
Utilities
Electric:
220 Volts
Community
Senior Community:
No
Terms
Documents Available:
Aerial, Ground Photo, Financials, Inventory, Lease, Ground Photo, Contracts
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable
Lease Considered:
No
Zoning and Legal
Zoning Description:
commercial
Title to the property is held by owner as:
Partnership
Listing History
Originally published on:
January 5, 2022 3:53 pm
Active on the market since:
December 21, 2021
Price change occurred on:
January 11, 2026 2:10 pm
Listing Status Last Changed On:
January 5, 2022 3:53 pm
Photos updated on:
July 21, 2025 1:02 am
Last Modified:
April 21, 2026 4:15 pm
Additional Information
Municipal Code:
0
Subdivision Number:
0
Courtesy of:
The Keyes Company
Attribution:
954-600-0550
Location
Street Name:
Miracle Mile- RESTAURANT FOR SALE
Street Number:
127
City:
Coral Gables
State:
Florida
Zip Code:
33134
County:
Miami-Dade
Latitude:
N25° 44' 59.7''
Longitude:
W81° 44' 33.5''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,009
Median Home Value $660,200
Median Rent $1,818/mo
Median Age 46
Population 36,937

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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 by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.