Miami, FL 33132
$1,700,000
Presented By: This listing is courtesy of Optimar International Realty;
SQFT • 4,500
Home Details
Discover this remarkable 350-seat, 15,000-square-foot Mediterranean-style venue, perfectly situated in Miami, Florida—the third most visited destination in the state.
Currently operating as a restaurant, bar, lounge, and premier event space, this versatile venue hosts a wide range of events, from private parties to corporate gatherings. It boasts a loyal clientele who already know and love the space, but with the right marketing strategy, the growth potential is extraordinary. With minimal overhead, this business has the potential to generate $5–6 million in annual revenue.
This is a rare opportunity to acquire a unique property in a thriving, high-traffic location. The venue offers a prime address, unbeatable rent, and significant earning potential. Call listing agent for details
Presented By: This listing is courtesy of Optimar International Realty;
Interior Features for
Bathrooms
Total Baths
Other Interior Features
SeatingCapacity350
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NNo
Window FeaturesImpactGlass
General for
Additional Parcels Y/NNo
Attached Garage No
Business TypeBarTavernLounge, Restaurant
Carport Y/NNo
CityMiami
Construction MaterialsStone
CoolingCentralAir
CountyMiami-Dade
ElectricAmps100
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Insurance Expense4500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, OwnerMayCarry
Lot Size UnitsSquareFeet
MLS Area11
MobileHomeRemainsYNNo
New ConstructionNo
OwnershipLimited Partnership
PossessionCloseOfEscrow
PostalCityMiami
Property Attached Y/NNo
Property SubtypeBusiness
Property TypeBusinessOpportunity
Rent Control Y/NNo
RoofShingle
Security FeaturesSecuritySystem, Fenced, FireSprinklerSystem, MotionDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsAppointment Only, Call Listing Agent, Call Listing Office
Standard StatusActive
StatusActive
Tax Annual Amount800000.0
Tax Year2024
Virtual TourClick here
Year Built1923
Year Built DetailsResale
Zoning Description111
Exterior for
Building Area Total4500.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesShuttersElectric, StormSecurityShutters
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions1800
Parking FeaturesCommon, FreeParking, Guest
Private PoolNo
Road Frontage TypeCountyRoad, CityStreet, Other, PrivateRoad
SpaNo
Total Parking40.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Philip Michael Cerulli
Realtor®
