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    447 Espanola Way Miami Beach, FL 33139

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    For Lease
    Contact for pricing

    Restaurant space in the heart of Miami Beach.

    Property size:
    1,900 SF
    Lot size:
    0.58 Acres

    Property Features for 447 Espanola Way

    General Information

    Size
    1,900 SF
    Lot size
    0.58 Acres

    Source: INHOUSE Commercial Sales, LLC Agent Jared Robins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Restaurant Space

    The property at 447 Española Way is a corner restaurant space situated in Miami Beach, specifically on the pedestrianized Española Way. This second-generation restaurant space is located across from the renovated 145-key Esme Hotel. The property is 1900 square feet and benefits from its location on a street known for restaurants and hospitality. Valet parking is available directly across from the restaurant.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Law Firm Dental Office Spa & Massage Restaurant Hair Salon Realty agency Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Supreme Hookah Catering, Open Tab Miami, Creole Garden, Minera P'huyu Yuraq II EIRL, Ben & Jerry’s

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.132403
    Latitude
    25.78709

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space in the heart of Miami Beach.
    Where is this restaurant located?
    The property is located at 447 Espanola Way Miami Beach, FL.
    What are key features of this property?
    This property features: - Prime corner restaurant space on historic Española Way.; - Located on one of the busiest restaurant and hospitality streets in Miami Beach.; - Second generation restaurant space.
    (305) 323-0524
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    Miami Beach, FL 33139
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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
    447 Espanola Way Miami Beach, FL 33139
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