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Milagro Coral Gables

Posted: 9/20/2022
237 Units
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About Milagro Coral Gables

Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire Milagro Coral Gables, a 237-unit midrise community located in downtown Coral Gables, Florida. Originally built in 2013, Milagro offers the opportunity to implement a significant value-add program including hard surface flooring in the bedrooms, new white cabinetry, quartz countertops, tiled backsplash and new plumbing and light fixtures. Over the last few years, Milagro has benefited from an infusion of capital invested including new exterior paint, upgraded clubhouse and leasing office and renovated pool deck. Milagro is perfectly positioned to implement this renovation program and compete with the new, high-end product in the submarket.

Milagro has one of the most preeminent locations in all of Coral Gables. Situated in the heart of Coral Gables, Milagro is among the most walkable sites in the region boasting a near-perfect 96 Walk Score. Just steps away is the iconic Miracle Mile, the cultural and business hub for Coral Gables with top-tier dining, retailers and Class-A office space. Milagro’s location in Downtown Coral Gables provides residents with an all-inclusive live-work-play environment that compares to Downtown Miami and Brickell alternatives.