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    605 Lincoln Rd Miami Beach, FL 33139

    Sponsored
    For Sale
    $3,199,000

    Iconic Art Deco Restaurant, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8732 square foot restaurant property, located at 605 Lincoln Road in Miami Beach, Florida, presents a rare investment opportunity. Built in 1932, this Art Deco corner building, designed by Robert E. Collins, boasts a truly unique rooftop—the former rooftop of the Sony Music building—offering panoramic views of Miami Beach. The property's prime location on Lincoln Road places it near the Convention Center, ensuring high visibility and foot traffic. Currently licensed as an event space and catering venue, the property offers immense flexibility. The sale includes both the real estate and the existing business, providing a turnkey operation. The expansive space allows for various uses, including a catering business, bar/lounge, or event venue. An additional 207 square foot office space is situated on the second floor. This is a remarkable chance to acquire a piece of Miami Beach history with endless potential in a highly desirable location. The asking price is $3,199,000. Don't miss this opportunity to own a landmark property in the heart of Miami Beach. The property is situated in Miami-Dade County, Florida, zip code 33139.

    Property Features for 605 Lincoln Rd

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1932

    HighLights

    • 8,732 SF Art Deco restaurant building on Lincoln Road, Miami Beach.
    • Prime corner location near the Convention Center, offering high visibility and foot traffic.
    • Turnkey operation including real estate and existing event space/catering business.
    • Unique rooftop with panoramic Miami Beach views.
    • Includes a 207 SF second‑floor office.
    • Asking price: $3,199,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1345868
    Latitude
    25.7900613

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    FAQs

    What type of property is this?
    Restaurant - Iconic Art Deco Restaurant, Prime Location
    Where is this restaurant located?
    The property is located at 605 Lincoln Rd Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $3,199,000.
    What are key features of this property?
    This property features: 8,732 SF Art Deco restaurant building on Lincoln Road, Miami Beach.; Prime corner location near the Convention Center, offering high visibility and foot traffic.; Turnkey operation including real estate and existing event space/catering business.
    Request Owner's contact information
    605 Lincoln Rd 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
    605 Lincoln Rd Miami Beach, FL 33139
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