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Freestanding Restaurant with Extra Lot
For Lease
$65 SF/Yr

3023 Biscayne Boulevard, Miami, FL 33137

Lease opportunity with existing kitchen infrastructure and a separately held lot for parking or other commercial uses.

Space SizeContact for details
Days on Market44

Property Features for 3023 Biscayne Boulevard

General Information

Standard status Active

Space & Availability

Space Use Restaurant
Sublease No
Available From Immediate

Restaurant

Commercial Hood Yes
Grease Trap Yes

Additional Details

Road Access Yes

Building Details

Year Built 1935
Tenancy Single
Listing Agency: Fortune Christie's Intl R.E.
Listed By: Ricardo Du Pond · License #A11983741
Source: Chenoregroup
Added: Jul 21 Changed: Aug 30 Last Checked: Sep 1 at 10:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortune Christie's Intl R.E.

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes 4,284 square feet of premises with an existing hood and grease trap. Built in 1935, the building is available for lease and is identified with the former Cafe Tiesto operation. The offering includes two folios: one containing the restaurant premises and another comprising an adjacent +/- 10,000 SF lot.

The property fronts Biscayne Boulevard in Miami’s Edgewater district, providing direct boulevard exposure and access. Edgewater has approximately 7,900 existing condominium units, with roughly 2,000 additional units in planned, pre-construction, and under-construction projects. The surrounding area is positioned between Downtown Miami, Wynwood, Midtown, and the Design District.

Key Highlights

  • 4,284 SF freestanding restaurant premises available for lease
  • Existing hood and grease trap included
  • Adjacent +/- 10,000 SF lot included in the offering

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Pet Grooming Service Veterinary Clinic Buffet

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

Single-tenant
Tenancy
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$9.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

17,616
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33137, FL

25,763
Population
15,237
Households
1.7
Avg Household Size
37
Median Age
51%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
12,882
Density / Sq Mi
$82,798
Median Household Income
$53,519
Median Earnings
$2,338
Median Rent
$532,900
Median Home Value

Market

Lease Benchmarks for Miami, FL

$57.31 /SF/Yr
Avg Asking Price
$28–$75 /SF/Yr
Price Range
6,282 SF
Avg Space Size

This space is priced 13% above the average of $57.31 /SF/Yr.

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cafe 701 701 Brickell Ave, Miami, FL 33131
  • Ar Ar Ar Miami, FL 33130
  • Manila Kantina Buffet 245 E Flagler St, Miami, FL 33131
  • sanvillabuffet 255 E Flagler St #79, Miami, FL 33131

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Lease opportunity with existing kitchen infrastructure and a separately held lot for parking or other commercial uses.
Where is this conventional restaurant located?
The property is located at 3023 Biscayne Boulevard Miami, FL.
What is the lease rate?
The lease rate is $65 SF/Yr.
What are key features of this property?
This property features: 4,284 SF freestanding restaurant premises available for lease; Existing hood and grease trap included; Adjacent +/- 10,000 SF lot included in the offering
More about this property
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