Commercial
Commercial
Type
1950
Built
Listing courtesy of
TMT Real Estate, LLC.
Alfred Munoz
MLS® #A11971140
Listing information last updated June 17, 2026
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Overview
This commercial in Vizcaya Coral Way is listed for sale at $3,500,000. Built in 1950.
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
Listing history
Price reduced
↓ $499,950 from $3,999,950 · Jun 17, 2026 · MIAMI MLS
$3,500,000
Listed for sale
Feb 24, 2026 · MIAMI MLS
$5,500,000
Days on market
as of today
148 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11971140
Price$3,500,000
Year built1950
TypeCommercial
StatusFor Sale
Flood zoneX
Location
3138 Coral Way, Miami FL 33145
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