Freestanding Restaurant and Event
3138 Coral Way Miami, FL 33145
For Sale
$3,500,000
Renovated freestanding restaurant building with commercial kitchen, professional hood system, and multiple bar areas for high-capacity use.
Property Size7,200 SF
Price / SF$486.11
Days on Market46
Property Features for 3138 Coral Way
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency:
TMT REAL ESTATE, LLC.
(786) 488-9378
Listed By:
ALFRED MUNOZ · License #A11971140
Source:
Corcoran
Added: Jun 9
Changed: Jul 23
Last Checked: Jul 23 at 5:52PM
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 TMT REAL ESTATE, LLC.
Investment Insights
Based on property information with market context.
Renovated freestanding restaurant/event commercial building with a flexible, high-capacity layout designed for hospitality operations. The property includes commercial kitchen infrastructure and a professional hood system, along with multiple bar areas. Upper-level dining and event spaces are part of the configuration, and the building has an approved occupancy of approximately 217 seats with eligibility for 4COP SFS liquor licensing.
The property is located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami, offering strong street frontage and prominent signage opportunities.
In addition to the kitchen and bar build-out, the space includes substantial existing commercial infrastructure with prior investment in lighting, sound equipment, and hospitality-focused improvements. The building is suitable for a range of uses including restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses.
The property is located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami, offering strong street frontage and prominent signage opportunities.
In addition to the kitchen and bar build-out, the space includes substantial existing commercial infrastructure with prior investment in lighting, sound equipment, and hospitality-focused improvements. The building is suitable for a range of uses including restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses.
Key Highlights
- Renovated freestanding second‑generation restaurant/event building with multiple bar areas and commercial kitchen infrastructure
- Approximately 7,200± SF building with flexible high‑capacity layout, including upper‑level dining and event spaces
- Professional hood system and commercial kitchen setup already in place for hospitality operations
Property Analytics
Location Intelligence
Current Use by Public Records
Elevation Lounge
Bar & Pub
La Bodeguita
Restaurant
Riviera Live
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Renovated freestanding restaurant building with commercial kitchen, professional hood system, and multiple bar areas for high-capacity use.
Where is this conventional restaurant located?
The property is located at 3138 Coral Way Miami, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Renovated freestanding second‑generation restaurant/event building with multiple bar areas and commercial kitchen infrastructure; Approximately 7,200± SF building with flexible high‑capacity layout, including upper‑level dining and event spaces; Professional hood system and commercial kitchen setup already in place for hospitality operations
