Business in 3138 Coral Way, Miami, FL 33145 for sale with MLS# A11971140
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
3138 Coral Way, Miami, FL 33145
- Price:
- $3,500,000.00
- Original List Price:
- $5,500,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $486.11
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Restaurant, Retail, Arts And Entertainment
- Listing Category:
- Commercial Sale
- Property Type:
- Business
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- June 17, 2026 2:44 pm
- Built-Up Area:
- 7,200 Sqft
- Lot Size Acres:
- 0.13
- Security:
- Smoke Detector(s), Fire Sprinkler System, Fire Alarm
- Building:
- Free Standing
- Year Built:
- 1950
- Structure Type:
- Retail
- Flood Zone Code:
- X
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Conventional, Assumable (The financing currently in place may be assumed), Owner Will Carry Points, Other
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- AMD MIAMI SUBURBAN AC PB 4-73 LOT 6 LESS ST BLK 3 LOT SIZE 50.000 X 115 OR 20976-1316 0103 1
- Real Estate Folio Number (Parcel Number):
- 0141160090590
- Zoning:
- 6101
- Active on the market since:
- February 24, 2026
- Listing Agreement executed on:
- February 24, 2026
- Price change occurred on:
- June 17, 2026 2:44 pm
- Listing Status Last Changed On:
- February 24, 2026 5:00 am
- Photos updated on:
- June 17, 2026 1:49 pm
- Last Modified:
- July 9, 2026 6:15 am
- Courtesy of:
- TMT Real Estate, LLC.
- Attribution:
- Not provided
- Street Name:
- Coral
- Street Number:
- 3138
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33145
- County:
- Miami-Dade
- Latitude:
- N25° 44' 59.6''
- Longitude:
- W81° 45' 21.1''
- Street Suffix:
- Way
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 3138 Coral Way, Miami, FL 33145
