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Ocean-View Restaurant and Lounge
For Sale
$3,400,000

5445 Collins Ave, Miami Beach, FL 33140

Fully operational restaurant & lounge with ocean- and pool-view seating for 205 and a transferable liquor license.

Property Size4,114 SF
Price / SF$826.45
Days on Market182

Property Features for 5445 Collins Ave

General Information

Standard status Active
Size 4,114 SF
Property subtype Mixed Use

Additional Details

Business Included Yes
Liquor License Yes

Amenities

3
Waterfront.
Shared Driveway.
Ocean
Ocean.

Building Details

Year Built 1966
Listing Agency: Brickell Realty Group, LLC
Listed By: Debora Gomez · License #3328573
Source: Xome
Added: Feb 16 Changed: Aug 12 Last Checked: Aug 16 at 3:40AM

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 Brickell Realty Group, LLC

Investment Insights

Based on property information with market context.

A fully operational restaurant and lounge offered for sale, designed with ocean- and pool-view setting. The venue is licensed for 205 seats and includes a fully transferable 4COP liquor license assigned to the units.

The property is located at Castle Beach Club at 5445 Collins Ave, Miami Beach, and consists of two commercial units (L-6 & CU2A).

The restaurant and lounge has been operating successfully since 2014 and is offered together with an established income-producing business for a turnkey path to immediate operation. Live music, DJs, and events are allowed within acceptable noise levels, with no restrictions on concept or hours. The 40-year recertification has been completed.

Key Highlights

  • 4,114 SF ocean- and pool‑view restaurant & lounge at Castle Beach Club, 5445 Collins Ave, Miami Beach
  • Licensed for 205 seats with ocean/pool‑view seating
  • Includes two commercial units (L‑6 & CU2A)

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Law Firm Food Market Daycare Center Grocery & Convenience Store Hair Salon

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
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

668
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value

Market

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 - Fully operational restaurant & lounge with ocean- and pool-view seating for 205 and a transferable liquor license.
Where is this conventional restaurant located?
The property is located at 5445 Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 4,114 SF ocean- and pool‑view restaurant & lounge at Castle Beach Club, 5445 Collins Ave, Miami Beach; Licensed for 205 seats with ocean/pool‑view seating; Includes two commercial units (L‑6 & CU2A)
More about this property
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