Miami
$1,700,000 USD
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Address | Miami |
Type of Property | Commercial, Lounge, Restaurant |
Business Location | Central Business District,City Location,In Residential Area |
Property Style | Bar / Lounge Only, Business, Restaurant |
Price | $1,700,000 |
Property Status | Active |
MLS Number | A11828824 |
Year Built | 1923 |
Parking Space Number | 40 |
Zoning Information | 111 |
Days on Market | 66 |
Detailed Description: Discover this remarkable 350-seat, 15,000-square-foot Mediterranean-style venue, perfectly situated in Miami, Florida—the third most visited destination in the state. Currently operating as a restaurant, bar, lounge, and premier event space, this versatile venue hosts a wide range of events, from private parties to corporate gatherings. It boasts a loyal clientele who already know and love the space, but with the right marketing strategy, the growth potential is extraordinary. With minimal overhead, this business has the potential to generate $5–6 million in annual revenue. This is a rare opportunity to acquire a unique property in a thriving, high-traffic location. The venue offers a prime address, unbeatable rent, and significant earning potential. Call listing agent for details
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Address Information
State | Florida |
City | Miami |
County | Miami-Dade County |
Zip Code | 33132 |
Business Location | Central Business District,City Location,In Residential Area |
Financial Information
Price | $1,700,000 |
Tax Amount | $800,000 |
Tax Year | 2024 |
Full Descriptions
Detailed Description | Discover this remarkable 350-seat, 15,000-square-foot Mediterranean-style venue, perfectly situated in Miami, Florida—the third most visited destination in the state. Currently operating as a restaurant, bar, lounge, and premier event space, this versatile venue hosts a wide range of events, from private parties to corporate gatherings. It boasts a loyal clientele who already know and love the space, but with the right marketing strategy, the growth potential is extraordinary. With minimal overhead, this business has the potential to generate $5–6 million in annual revenue. This is a rare opportunity to acquire a unique property in a thriving, high-traffic location. The venue offers a prime address, unbeatable rent, and significant earning potential. Call listing agent for details |
Roof Description | Shingle |
Floor Description | Tile |
Cooling Description | Central Building A / C |
Water Description | Public |
Sewer Description | Public Sanitation |
Parking Description | Common, Free Parking, Guest |
Property parameters
Zoning Information | 111 |
Year Built | 1923 |
Type of Property | Commercial, Lounge, Restaurant |
Style | Bar / Lounge Only, Business, Restaurant |
Construction Type | Stone |
Parking Space Number | 40 |
Listed with | Optimar International Realty |