Home/Search/3138 Coral Way, Miami FL 33145
3138 Coral Way, Miami FL 331451 / 25
For Sale
Restaurant/Entertainment

$3,500,000

3138 Coral Way, Miami FL 33145

7,200

Building SF

Restaurant/Entertainment

Type

6101

Zoning

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

Property Details

MLS #:A11971140
Price:$3,500,000
Original Price:$5,500,000
Status:For Sale
Days on Market:113
Date Listed:Feb 24, 2026
Building Area:7200 sqft
Lot Size:5750 sqft
Year Built:1950
Property Type:Commercial Sale
Property Sub Type:Restaurant/Entertainment

Security Features:Smoke Alarm, Smoke Detector(s), Fire Sprinkler System
Stories:2
Virtual Tour:Available

Structure Type:Free Standing
Lot Features:Central Business District, City Location
Lot Size:5750 sqft

Zoning:6101

Listing Terms:Assumable, Conventional/Refinance, Owner Will Carry
Special Conditions:Sale
Parcel Number:01-41-16-009-0590
Legal Description:AMD MIAMI SUBURBAN AC PB 4-73 LOT 6 LESS ST BLK 3 LOT SIZE 50.000 X 115 OR 20976-1316 0103 1
REsource

REsource

Real Estate Source Company

Interested in this property? Contact us today for a private showing.

Location

Marker
Leaflet © OpenStreetMap contributors
Hold Ctrl + scroll to zoom the map

© 2026 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Information is deemed reliable but not guaranteed.

Listing courtesy of TMT Real Estate, LLC.. Data last updated June 17, 2026 at 01:44 PM.