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$100,000

  • For Sale
  • Active
  • Business
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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.

Full Property Details for Miracle Mile- Restaurant For Sale

General

  • Price: $100,000
  • Status: Active
  • Type: Business
  • Source: Greater_Miami
  • MLS ID: A11141314
  • Updated: 1/11/2026
  • Added to Site: 1, 489 day(s) ago

Business

  • Business Type: Bar/Lounge Only, Food & Beverage, Restaurant
  • Year Established: 6

Interior

  • Flooring: Ceramic Floor

Parking

  • Total Spaces: 10
  • Parking Features: Common

Location

  • County: Miami-Dade County
  • Driving Directions: From US-1 (South Dixie Highway), head east on Miracle Mile toward downtown Coral Gables. Continue past Ponce de Leon Blvd; the property will be located on Miracle Mile in the heart of Coral Gables

Utilities

  • Electric Available: Yes

Structural Information

  • Structure Type: Commercial, Restaurant, Retail
  • Detached/Attached: Detached

Lot Features

  • Lot Features: Central Business District, City Location
  • Zoning: commercial

Financial Considerations

  • Insurance Fee: $10,000
  • Terms: All Cash

Disclosures and Reports

  • Ownership: Partnership
  • Documents Avail.: Aerial Photo(S), Contracts, Equipment Inventory, Financial Statement, Inventory, Copy Of Lease(S), Photos
  • Inclusions: Equipment, Furniture/Fixtures, Inventory, Leases, Other Sale Includes

Listed by The Keyes Company

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Listing agent

— Miracle Mile- Restaurant For Sale —

  • The Keyes Company

954-600-0550

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving Miracle Mile- Restaurant For Sale

School District:Dade County School District
NameGradesDistance
Coral Gables Preparatory Academy
105 Minorca Avenue, Coral Gables, FL 33134
PK-50.3 mi
Ponce De Leon Middle School
5801 Augusto Street, Coral Gables, FL 33146
6-82.5 mi
Coral Gables Senior High School
450 Bird Road, Coral Gables, FL 33146
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for Miracle Mile- Restaurant For Sale Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2026
Price Reduced
$100,000
-71.43%
MLS
10/01/2025
Price Reduced
$350,000
-30%
MLS
7/20/2025
Price Reduced
$500,000
-16.67%
MLS
3/12/2025
Price Reduced
$600,000
-33.33%
MLS
11/18/2024
Price Reduced
$900,000
-18.18%
MLS
7/08/2024
Price Reduced
$1,100,000
-21.43%
MLS
3/25/2024
Price Reduced
$1,400,000
-3.45%
MLS
2/15/2024
Price Reduced
$1,450,000
-3.33%
MLS
10/18/2023
Price Reduced
$1,500,000
-8.54%
MLS
6/28/2023
Price Reduced
$1,640,000
-0.61%
MLS
5/22/2023
Price Reduced
$1,650,000
-0.6%
MLS
4/13/2023
Price Reduced
$1,660,000
-0.6%
MLS
3/24/2023
Price Reduced
$1,670,000
-0.3%
MLS
12/21/2021
Listed
$1,675,000
—
MLS
View All
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for Miracle Mile- Restaurant For Sale

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by The Keyes Company

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Miracle Mile- Restaurant For Sale, Coral Gables, FL 33134 (MLS# A11141314) is a Business property. Miracle Mile- Restaurant For Sale is currently listed for $100,000 and was received on December 21, 2021. Want to learn more about Miracle Mile- Restaurant For Sale? Do you have questions about finding other Business real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

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