Street
Miracle Mile
Miracle Mile is a high street at Coral Gables, FL, USA, with 78 stores and key tenants including Hyatt Regency, Extended Stay America, and Publix Supermarkets. The 10-minute drive-time population is 85,555 with a median household income of $80,893, according to Brandmarch.
Recent Activity in Last 24 months
Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.
Unlock to see recent activity at this property
Get started with our Intelligence tier for just $49/month
+2 net stores since Q4 2024
Growing tenants · 5 opens, 3 closes
About Miracle Mile
Mediterranean-Dream That Embraces Retail, Dining, and Posh Appeal Miracle Mile stands out as a destination for shopping, dining, and leisure in South Florida — an icon in the area. Known for its Mediterranean-inspired architecture, lush, tree-lined streets, and boutique charm, Miracle Mile has rapidly seized and molded the spirit of Coral Gables as its own. Known as the “City Beautiful.” The avenue’s curated mix of high-end home furnishings, upscale boutiques, popular restaurants, and bridal shops makes it a draw for young professionals, families, high-income residents, and tourists. The Miracle Mile Experience This scenic avenue offers an eclectic mix of home decor brands like Crate & Barrel, fashion boutiques like Alo Yoga, and dining destinations that showcase Coral Gables’ role as a culinary hotspot. The proximity of luxury hotels and iconic venues, like the historic Biltmore Hotel just a mile away, elevates Miracle Mile’s appeal as a cultural hub for both locals and tourists. Weddings and high-profile events at the Biltmore drive affluent tourism to the area — this all serves to reinforce its status as one of Miami’s top five retail corridors.
Demographics
Property Report
A ready-to-share PDF covering the market and similar centers nearby, trade area demographics and segments, key tenants and brand mix, recent openings and closings with nearby activity, and leasing contacts. Add a comparison to include a page against a brand or another property.
Sign up to see the property report
Local Expert Analysis
Leasing and Market Dynamics
Miracle Mile’s leasing market is competitive, with gross rents ranging from $75 to $100 per square foot and a low vacancy rate of 5-10%. Retailers are drawn to the Mile’s unique combination of upscale visibility, strong pedestrian appeal, and community focus, which foste... Read more
New Developments
Although Miracle Mile itself isn’t undergoing large-scale redevelopment, nearby projects like The Plaza Coral Gables have a positive impact on the Mile’s ecosystem. This expansive mixed-use development features a Loews Hotel, Class A office spaces, high-end retail, and dining venues, all of which ar... Read more
News
Tenant Mix by Category
72 brands across 26 categories
All Tenants
See the full tenant roster and category breakdown
Get started with our Intelligence tier for just $49/month