ActiveMLS# 117866992895 days on market
$950,000
Price Reduced↓ $49,000
XXXX Xxxx Miracle Mile
Coral Gables, FL, 33134
0Bedrooms
0Bathrooms
—Sq Ft
1930Year Built
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About This Property

High-Margin Formalwear Retail & Rental – Immediate Turnkey Opportunity!An exciting opportunity to acquire a well-established, highly specialized formalwear and tuxedo sales and rental business. I & A Formalwear has built a strong reputation and a dependable customer pipeline by solving a major pain point in the formalwear industry: same-day, on-the-spot outfitting.Unlike competing shops that rely on third-party catalogs, off-site warehouses, and lengthy turnaround times, this business operates with an extensive, fully owned in-house inventory. Customers can walk in without an appointment, be professionally fitted in minutes, and walk out ready for a gala, prom, wedding, or black-tie event the very same day.This unique operational model drives high customer satisfaction, strong word-of-mouth referrals, and consistent, high-margin revenue.Investment Highlights & Competitive AdvantagesThe "Same-Day" Competitive Edge: Fully stocked in-house inventory allows for immediate turnaround on rentals and retail sales—capturing lucrative last-minute event traffic that competitors turn away.Dominant "Big & Tall" Niche Specialist: Exceptional selection of hard-to-find extended sizes (sizes 50 up to 70 Extra Large), creating a loyal regional destination for customers who cannot find proper fits at standard chain stores. Premium Designer Brands: Features high-quality, fashionable attire—including designer inventory such as Ralph Lauren—offering classic and contemporary styles

Key Features

  • Built in 1930

Property Details

  • Type: Single Family Home
  • Year Built: 1930
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: Built in 1930
  • Status: Active
  • MLS Number: 1178669928
  • Days on Market: 95
  • Listed By: United Realty Group Inc · Art Snow
  • Zip Code: 33134
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$950,000XXXX Xxxx Miracle Mile, Coral Gables, FL
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