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    Miami, FL 33132

    For Sale
    $1,700,000

    Business - Miami, FL

    Type:Business
    Days on Market:
    78
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    111
    Parking
    40
    Parking features
    Guest
    Exterior features
    Shutters Electric, Storm Security Shutters

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1923
    Flooring type
    Tile
    Building materials
    Stone
    Roof type
    Shingle
    Architectural style
    Other

    Optimar Realty Group LLC (305) 947-0477 [email protected]

    Listing agent Ali Karan PLLC (305) 947-0477 License #3520948

    Listing date Sep 29, 2025

    MLS# A11828824 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Venue with High Potential

    This 15,000-square-foot Mediterranean-style venue is located in Miami, Florida. Currently operating as a restaurant, bar, lounge, and premier event space, it can accommodate 350 seats. The venue hosts a range of events, from private parties to corporate gatherings, and has an established clientele. The business has the potential to generate $5–6 million in annual revenue with minimal overhead. The property is located in a high-traffic location.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Tony Caters, Juanita's Kitchen, Classic Caterers, Florida Party Services, Vale Food Co

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1896
    Latitude
    25.7849

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    FAQs

    What type of property is this?
    Restaurant - 15,000 SF Miami venue suitable for restaurant, bar, and events.
    Where is this restaurant located?
    The property is located at Miami, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - High-Revenue Potential: Business has the potential to generate $5–6 million in annual revenue with minimal overhead.; - Prime Miami Location: Situated in Miami, Florida, a high-traffic tourist destination.; - Versatile Venue: Operates as a restaurant, bar, lounge, and event space, suitable for various events.
    (305) 947-0477
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    Miami, FL 33132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Miami, FL 33132
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