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

Miami

$1,700,000 USD
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      AddressMiami
      Type of PropertyCommercial, Lounge, Restaurant
      Business LocationCentral Business District,City Location,In Residential Area
      Property StyleBar / Lounge Only, Business, Restaurant
      Price$1,700,000
      Property StatusActive
      MLS NumberA11828824
      Year Built1923
      Parking Space Number40
      Zoning Information111
      Days on Market66

      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
      StateFlorida
      CityMiami
      CountyMiami-Dade County
      Zip Code33132
      Business LocationCentral Business District,City Location,In Residential Area
      Financial Information
      Price$1,700,000
      Tax Amount$800,000
      Tax Year2024
      Full Descriptions
      Detailed DescriptionDiscover 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 DescriptionShingle
      Floor DescriptionTile
      Cooling DescriptionCentral Building A / C
      Water DescriptionPublic
      Sewer DescriptionPublic Sanitation
      Parking DescriptionCommon, Free Parking, Guest
      Property parameters
      Zoning Information111
      Year Built1923
      Type of PropertyCommercial, Lounge, Restaurant
      StyleBar / Lounge Only, Business, Restaurant
      Construction TypeStone
      Parking Space Number40
      Listed withOptimar International Realty