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$999,000 Just Listed
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Property Description
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 Advantages The "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
Full Property Details
Full Property Details for Xxxx Miracle Mile
General
- Price: $999,000
- Status: Active
- Type: Business
- Source: Greater_Miami
- MLS ID: A12063126
- Updated: 7/31/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Retail
- Year Established: 2011
Location
- County: Miami-Dade County
Structural Information
- Structure Type: Retail
- Detached/Attached: Detached
- Year Built: 1930
Lot Features
- Zoning: 5004
Financial Considerations
- Insurance Fee: $2,424
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Documents Avail.: Inventory, Stock Inventory
- 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-
- Inclusions: Furniture/Fixtures, Inventory, Leases, Trade Name, Business Only
- Property ID: 03-41-17-005-0315
Listed by United Realty Group Inc
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Price & Sales History for Xxxx Miracle Mile
Date
Details
Price
Change
Source
7/31/2026
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Xxxx Miracle Mile, Coral Gables, FL 33134 (MLS# A12063126) is a Business property. Xxxx Miracle Mile is currently listed for $999,000 and was received on July 31, 2026. Want to learn more about Xxxx Miracle Mile? 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.

