3138 Coral Way, Miami, FL 33145
3138 Coral Way, Miami, FL 33145
3138 Coral Way, Miami, FL 33145
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$3,999,950
Est. payment /mo
7,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 7,200 sqft

Price per Sqft $555

MLS Listing ID A11971140

Style Detached

HOA Y/N No

Year Built 1950

Lot Size 5,750 Sqft

Property Sub-Type Business

Property Description

Freestanding second-generation restaurant/event commercial building located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The approximately 7,200± SF property offers excellent visibility, strong street frontage, and prominent signage opportunities.

Previously operated as a restaurant and entertainment venue, the building features a flexible high-capacity layout with multiple bar areas, commercial kitchen infrastructure, professional hood system, and upper-level dining and event spaces. Approved occupancy for approximately 217 seats with eligibility for 4COP SFS liquor licensing.

The property includes substantial existing commercial infrastructure, with significant prior investment in kitchen systems, lighting, sound equipment, and build-out components designed to support high-capacity hospitality operations.

This renovated standalone structure is suitable for a restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses. Investment potential includes owner-user occupancy, repositioning, or leasing in a high-demand urban corridor with limited freestanding inventory.

The seller may consider owner financing for qualified buyers. Also available for lease. Freestanding Coral Way restaurant/nightlife opportunity with existing kitchen infrastructure, multiple bar areas, strong frontage, and flexible use potential. Also for lease

Location

State FL

County Miami-dade

Area 41

Exterior

Private Pool Yes

Building

Story 2

Architectural Style Detached

Level or Stories Two

Others

Tax ID 01-41-16-009-0590

Security Features Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Assumable, Conventional, Owner May Carry, Other

Listing Terms Assumable, Conventional, Owner May Carry, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11971140


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by TMT Real Estate, LLC.

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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3138 Coral Way