$5,500,000

3138 Coral Way, Miami, FL 33145

  • 7,200 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $764/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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, 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.

Listing Status:
Active
Date Added:
February 24, 2026
Data Last Updated:
March 28, 2026 at 10:07PM
Listing Office:
TMT Real Estate, LLC. : 786-488-9378
Listing Agent:
Alfred Munoz : 786-488-9378
MLS ID:
A11971140
  • General: 2
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 6101AMD MIAMI SUBURBAN AC PB 4-73 LOT 6 LESS ST BLK 3 LOT SIZE 50.000 X 115 OR 20976-1316 0103 101-41-16-009-0590
  • Source: Miami Association of REALTORS®

This listing courtesy of Alfred Munoz , TMT Real Estate, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Silver Bluff Elementary School

2609 SW 25th Ave, Miami, FL, 33133

Grades PK-5

0.71 miles away

M

Mater Grove Academy

2805 SW 32nd Ave, Miami, FL, 33133

Grades KG-8

0.82 miles away

I

International Studies Charter High School

2480 SW 8th St, Miami, FL, 33135

Grades 9-12

1.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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