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
XXXX Xxxx Miracle Mile, Coral Gables, FL 33134
- Price:
- $999,000.00
- Original List Price:
- $999,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $154.9
- Year Established:
- 2011
- Years Current Owner:
- 2011
- Special Licenses:
- Occupational, City License
- 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
- Built-Up Area:
- 6,449 Sqft
- Waterfront:
- No
- Year Built:
- 1930
- Structure Type:
- Retail
- Flood Zone Code:
- X
- Insurance Expense:
- $2,424.00
- Senior Community:
- No
- Documents Available:
- Inventory, Stock Inventory
- Listing Terms Considered by Seller:
- Cash, Conventional
- 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
- 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
- Courtesy of:
- United Realty Group Inc
- Attribution:
- Not provided
- 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''

Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami