Miami Beach, FL 33169 Miami Beach, FL 33169
COMMERCIAL - Miami Beach, FL
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 12
- Parking features
- On Street
- Security features
- Security System
- Standard status
- Active
- APN
- 11-11-11-111-1111
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- $$$ MB 33169
- Tax Annual Amount
- 111111111
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Flooring type
- Tile, Hardwood, Wood
- Building materials
- Block
Listing agent Ali Karan PLLC License #3520948 (305) 527-9956
Listing office Optimar International Realty 18246 Collins Avenue, Sunny ISles Beach, FL (305) 947-0477
Listing date Dec 29, 2025
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.
The asset is positioned on a prime corner location on Lincoln Road in Miami Beach’s South Beach area. It is presented as being within steps of a newly opened nightclub, which is relevant to the surrounding nightlife environment and pedestrian activity.
This offering is best suited to an operator seeking a turn-key, nightlife-oriented bar and restaurant setup with an included liquor license and the capacity to serve a substantial number of guests. With its existing bar configuration and renovated kitchen, it can support immediate operational continuity while allowing flexibility around potential outdoor terrace development. The property’s current improvements and established seating plan provide a straightforward foundation for a hospitality business on a high-visibility corridor.
Key Highlights
- 2750 SF bar and restaurant on a prime corner on Lincoln Road in South Beach
- Seating capacity of 122 with two bars included
- Comes with a full liquor license and ability to stay open until 5 am
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.9k | $27.60 |
| − Vacancy | −$5.3k | −$1.93 |
| EGI | $70.6k | $25.67 |
| − OpEx | −$17.6k | −$6.42 |
| NOI | $52.9k | $19.25 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- The havana — Miami Beach, FL 33139
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- d'vine hookah lounge — 445 Lincoln Rd, Miami Beach, FL 33139
- Zari South Beach — 1200 Washington Ave, Miami Beach, FL 33139
- Vita Osteria Italiana — 1040 Alton Rd, Miami Beach, FL 33139
