The Real Deal Miami

Coral Gables’ 55 Miracle Mile listed for $15M

April 12, 2012 09:00AM

55 Miracle Mile

The 15-story 55 Miracle Mile mixed-use project in Coral Gables has been listed for $15 million, according to Marcus & Millichap Real Estate Investment Services. The price represents an average of $374 per square foot. “Miracle Mile is the main corridor through the downtown central business district of Coral Gables,” said Douglas Mandel, vice president for investments at Marcus & Millichap’s Fort Lauderdale office. “It is a world-class, pedestrian-friendly shopping, entertaining and dining district.” The property, which was built in 2004, includes tenants such as Tarpon Bend and Cibo Wine Bar. — Alexander Britell