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) 55 Moderate
☀️ O3 45 Good
🫁 PM2.5 55 Moderate

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