$3,500,000
3138 Coral Way, Miami FL 33145
Restaurant/Entertainment · 7,200 sq ft building · Lot 5,750 sq ft · Built 1950 · Active
MLS# A11971140 · Listing courtesy of TMT Real Estate, LLC.
Facts
- Type
- Restaurant/Entertainment
- Building area
- 7,200 sq ft
- Price per sq ft
- $486
- Lot
- 5,750 sq ft
- Year built
- 1950
- Stories
- 2
- Zoning
- 6101
- Listed
- Feb 24, 2026
About this property
Freestanding second-generation restaurant/event commercial building located along Coral Way, a major east-west corridor connecting Coral Gables, Brickell, Coconut Grove, and Downtown Miami. The approximately 7,200± SF property offers excellent visibility, strong street frontage, and prominent signage opportunities. Previously operated as a restaurant and entertainment venue, the building features a flexible high-capacity layout with multiple bar areas, commercial kitchen infrastructure, professional hood system, and upper-level dining and event spaces. Approved occupancy for approximately 217 seats with eligibility for 4COP SFS liquor licensing. The property includes substantial existing commercial infrastructure, with significant prior investment in kitchen systems, lighting, sound equipment, and build-out components designed to support high-capacity hospitality operations. This renovated standalone structure is suitable for a restaurant, hospitality, entertainment, retail, showroom, or adaptive commercial uses. Investment potential includes owner-user occupancy, repositioning, or leasing in a high-demand urban corridor with limited freestanding inventory. The seller may consider owner financing for qualified buyers. Also available for lease. Freestanding Coral Way restaurant/nightlife opportunity with existing kitchen infrastructure, multiple bar areas, strong frontage, and flexible use potential. Also for lease
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Location
3138 Coral Way, Miami FL 33145Open in Google Maps
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Listing data last updated 10/23/2026, 9:30:53 PM ET.


