Restaurant/Entertainment in Miami

$3,500,000

Listing courtesy of TMT Real Estate, LLC.; Alfred Munoz. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Restaurant/Entertainment, Commercial Sale

Details

Overview

Sub Type
Restaurant/Entertainment
Built In
1950

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

This restaurant/entertainment home located at 3138 Coral Way, Miami FL 33145 is currently for sale and has been available on Brickellsold for 113 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1950. 3138 Coral Way, Miami FL 33145 is in Miami county Miami-Dade County.

Interior

Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Cooling
Appliances
Total structure area
7,200

Property

Parking
  • Parking Features:
Parcel Number
01-41-16-009-0590
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Restaurant/Entertainment, Commercial Sale
Materials
Condition
  • Year Built: 1950

Community & HOA

Community
  • Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
HOA
  • Amenities:
Region
Miami

Financial

On Market Date
2/23/2026
Listing Terms
Assumable, Conventional/Refinance, Owner Will Carry

Metadata

Added
2/24/2026
Updated
6/17/2026
MLS#
A11971140
Days on Market
113
Listed By
TMT Real Estate, LLC.
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Silver Bluff Elementary 0.0 mi • K-12
  • English Center 0.0 mi • K-12
  • Coral Gables Preparatory Academy MLC 0.0 mi • K-12
  • Coral Gables Preparatory Academy 0.0 mi • K-12
  • Auburndale Elementary 0.0 mi • K-12
  • Shenandoah Middle 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$5,500,000Feb 24, 2026
Price change$3,999,950Jun 17, 2026
Current list price$3,500,000Jun 17, 2026

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