Property XXXX Xxxx Miracle Mile, Coral Gables, FL 33134 for sale with MLS# A12063126

High-Margin Formalwear Retail & Rental - Immediate Turnkey Opportunity!An exciting opportunity to acquire a well-established, highly specialized formalwear and tuxedo sales and rental business. I & A Formalwear has built a strong reputation and a dependable customer pipeline by solving a major pain point in the formalwear industry: same-day, on-the-spot outfitting.Unlike competing shops that rely on third-party catalogs, off-site warehouses, and lengthy turnaround times, this business operates with an extensive, fully owned in-house inventory. Customers can walk in without an appointment, be professionally fitted in minutes, and walk out ready for a gala, prom, wedding, or black-tie event the very same day.This unique operational model drives high customer satisfaction, strong word-of-mouth referrals, and consistent, high-margin revenue.Investment Highlights & Competitive AdvantagesThe "Same-Day" Competitive Edge: Fully stocked in-house inventory allows for immediate turnaround on rentals and retail sales-capturing lucrative last-minute event traffic that competitors turn away.Dominant "Big & Tall" Niche Specialist: Exceptional selection of hard-to-find extended sizes (sizes 50 up to 70 Extra Large), creating a loyal regional destination for customers who cannot find proper fits at standard chain stores.Premium Designer Brands: Features high-quality, fashionable attire-including designer inventory such as Ralph Lauren-offering classic and contemporary styles

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XXXX Xxxx Miracle Mile, Coral Gables, FL 33134

Price
Price:
$999,000.00
Original List Price:
$999,000.00
List Price per Sq Ft (Calculated, Approx.):
$154.9
Business Info
Year Established:
2011
Years Current Owner:
2011
Special Licenses:
Occupational, City License
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail
Listing Category:
Business Opportunity
Description of Last Important Update:
New Listing
Last Major Update on:
July 31, 2026 4:00 am
Measures
Built-Up Area:
6,449 Sqft
Property Features
Waterfront:
No
Construction
Year Built:
1930
Structure Type:
Retail
Flood Zone Code:
X
Taxes and Expenses
Insurance Expense:
$2,424.00
Community
Senior Community:
No
Terms
Documents Available:
Inventory, Stock Inventory
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
CORAL GABLES CRAFTS SEC PB 10-40 LOTS 11 & 12 BLK 2 LOT SIZE 50.000 X 120 F/A/U 03-4117-005-0320 OR 18539-0012-18547-1737 0399 5 & OR 18792-
Real Estate Folio Number (Parcel Number):
0341170050315
Zoning:
5004
Listing History
Active on the market since:
July 31, 2026
Listing Agreement executed on:
July 31, 2026
Listing Status Last Changed On:
July 31, 2026 4:00 am
Photos updated on:
August 3, 2026 3:59 pm
Last Modified:
August 3, 2026 5:34 pm
Additional Information
Courtesy of:
United Realty Group Inc
Attribution:
Not provided
Location
Street Name:
Xxxx Miracle Mile
Street Number:
XXXX
City:
Coral Gables
State:
Florida
Zip Code:
33134
County:
Miami-Dade
Latitude:
N25° 44' 58.4''
Longitude:
W81° 44' 25.6''
Property Map

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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) 51 Moderate
☀️ O3 24 Good
🫁 PM2.5 51 Moderate
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Association of REALTORS®
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.