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Turnkey Restaurant Space
For Lease
$13,194/Mo

1216 Washington AVE, Miami Beach, FL 33139

COMMERCIAL - Miami Beach, FL

Space SizeContact for details
Lot Size0.71 Acres
Days on Market60

Property Features for 1216 Washington AVE

General Information

Property type Commercial Lease
Property subtype Other
Subdivision 42
Standard status Active
Lot size 0.71 Acres
Listing Agency: Real Estate Sales Force
Listed By: Antonio Cristobal · License #3253230
Added: Jun 6 Changed: Jun 30 Last Checked: Aug 4 at 8:06AM
MLS# A11877845

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This second-generation restaurant space is offered for lease as a turnkey operation, featuring an equipped kitchen, bar, restrooms, and a dining area. The layout is designed to support immediate restaurant use, minimizing buildout time for an incoming operator.

The property is located at 1216 Washington AVE in Miami Beach, Florida 33139, and is described as being in a high-traffic area. The current configuration is intended for restaurant service with dedicated interior spaces for guest dining and food preparation.

The space should fit restaurant concepts seeking a ready-to-operate setup, including operators looking to open with an existing kitchen and bar rather than starting from raw improvements. It is also a relevant option for franchise dining groups that want a functional second-generation layout with core back-of-house and guest-facing components already in place.

Key Highlights

  • Second‑generation restaurant space for lease with an equipped kitchen, bar, restrooms, and dining area
  • Turnkey‑ready setup includes existing restaurant buildout items such as the equipped kitchen and bar
  • Restaurant space is located in a high‑traffic area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,840
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Lease Benchmarks for Miami Beach, FL

$42.87 /SF/Yr
Avg Asking Price
$5.13–$65 /SF/Yr
Price Range
9,443 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey second-generation restaurant with an equipped kitchen, bar, dining area, and restrooms in a high-traffic area.
Where is this conventional restaurant located?
The property is located at 1216 Washington AVE Miami Beach, FL.
What is the lease rate?
The lease rate is $13,194 /Mo.
What are key features of this property?
This property features: Second‑generation restaurant space for lease with an equipped kitchen, bar, restrooms, and dining area; Turnkey‑ready setup includes existing restaurant buildout items such as the equipped kitchen and bar; Restaurant space is located in a high‑traffic area
More about this property
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