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Restaurants and Bars
$5,500,000
3138 Coral Way Miami, FL

A11971140

60 of 70 for Sale
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an agent
  • Listed On:

    Feb 24, 2026
  • Days on Market:

    32
  • Year:

    1950
  • Taxes:

    n/a
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

3138 Coral Way Miami, FL Freestanding two-level 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, prominent signage opportunities, and on-site parking. 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.

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