Commercial Sale · Retail
1340 S Dixie Hwy, Coral Gables FL 33146, CORAL GABLES, FL, 33146
Active128 days on marketListed Apr 13, 2026MLS #A11999792
About this property
The property at a glance
An opportunity to lease a second-generation wellness and aesthetic center at Paseo de la Riviera — one of Coral Gables' most prestigious mixed-use addresses. The facility features a spa-forward reception and client lounge, multiple private treatment rooms with efficient corridor flow, dedicated administrative offices, and premium finishes throughout — marble, hardwood, and custom millwork. All clinical infrastructure is in place, including plumbing, HVAC, and electrical. Available in two configurations: 5,529 SF full facility or 4,000 SF demised treatment core. Steps from Thesis Hotel (245 keys), Mamey, The Collab, Crema Gourmet, and the University of Miami. Ideal for medical aesthetics, cosmetic surgery, concierge medicine, dermatology, longevity, IV therapy, physical therapy, and related wellness and medical uses.
5,529
Building sq ft
$0
Price / sq ft
0
Lot sq ft
2020
Year built
5005
Zoning
Retail
Property type
The numbers
Investment snapshot
7-10 Year Lease
Lease term
Estimated payment (illustrative)
Estimated payment
$160/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Alek to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
18,861
Population
$124,712
Median income
22.4
Median age
2.23
Avg household
$1,141,800
Median home value
$2,774/mo
Median rent
1,375
Households w/ kids
Recent sales
What actually sold near 1340 S Dixie Hwy
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$138,450
2770 SW 27th Ave, Miami FL 33133
Sold Oct 1, 2024
$1,100,000
3344 SW 37th Ave, Miami FL 33133
Sold May 28, 2025
$65
6022 S Dixie Hwy, South Miami FL 33143
Sold Sep 24, 2024
Your team
The pros in your corner
Your agent
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1340 S Dixie Hwy — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1340 S Dixie Hwy.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX 360 Real Estate · Billy Planes. MLS #A11999792.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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