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3301 Coral WayMiami, FL 33145

Miami retail center, 242,483 sq ft, fully vacant.

Overview

Added:
Dec 11, 2024
Days on market:
117
Miracle Marketplace presents a unique opportunity to acquire a substantial retail property in a prime Miami-Dade County location. This two-story, 242,483 square foot shopping center is currently fully vacant, offering an exceptional blank canvas for a large-scale tenant or redevelopment project. The property boasts a strategic location adjacent to Miracle Mile, a renowned retail and restaurant destination in Miami, Florida. Its impressive three-level design provides ample space for a diverse range of retail uses. Convenience is key, with abundant free parking across three upper floors, accommodating 1,000 vehicles, and the added convenience of valet parking. The property benefits from exceptional accessibility, situated on Coral Way Road, a major thoroughfare with over 40,000 vehicles passing daily. The surrounding area boasts a high population density, with over 528,000 people residing within a five-mile radius. This strong demographic is further supported by the presence of major employers including The University of Miami, Bacardi, Fresh Del Monte Produce, ExxonMobil, and American Airlines, ensuring a substantial customer base. The previous tenant lineup included well-known brands such as Nordstrom Rack, DSW, Marshalls, LA Fitness, Petsmart, Five Below, and Burlington (planned). This exceptional location and substantial square footage make Miracle Marketplace an unparalleled investment opportunity in the vibrant Miami market.

Highlights

  • Retail/Restaurant Shopping Center, single-tenant occupancy, totaling 242,483 square feet.
  • Entire 242,483 square feet currently vacant.
  • Two-story building located in Miami-Dade County.
  • Prime location adjacent to Miracle Mile, a high-performing retail and restaurant corridor in Miami.
  • Features ample parking with 1,000 spaces and valet service.

Property Details for 3301 Coral Way

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
242,483 SF
Stories
20

Unit(s) available at that property

Space
Available Space
Size
242,483 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.750451
Longitude
-80.2497308
3301 Coral Way, Miami, Florida

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3301 Coral Way
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