405-407 15th St ,Commercial for Sale & Lease

405-407 15th St for Sale & Lease

Price $330,000.00

• Lot size 0
• Year Build
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

Description

MIAMI BEACH PRIME LOCATION (next to Five Guys) Mediterranean street food restaurant For Sale - SPITFIRE, generating $50,000/month in gross sales with $75k annual rent. This established business comes with a 5+5 year lease (2024?2029+) and an attractive asking price of $390,000. for a total of indoor and outdoor space of 1,300 sqft and 30 approved seats. Located in a high-traffic area on the corner of Washington Ave, Miami Beach, neighbors with FiveGuys Fast Food Restaurant & Taco-Rico Mexican Restaurant. It's fully equipped with a grease trap and hood, allowing easy transition to any food and beverage concept. The sale includes the existing LLC, complete with a valid restaurant business license, a seamless opportunity for an owner-operator or investor.

MIAMI BEACH PRIME LOCATION (next to Five Guys) Mediterranean street food restaurant For Sale - SPITFIRE, generating $50,000/month in gross sales with $75k annual rent. This established business comes with a 5+5 year lease (2024?2029+) and an attractive asking price of $390,000. for a total of indoor and outdoor space of 1,300 sqft and 30 approved seats. Located in a high-traffic area on the corner of Washington Ave, Miami Beach, neighbors with FiveGuys Fast Food Restaurant & Taco-Rico Mexican Restaurant. It's fully equipped with a grease trap and hood, allowing easy transition to any food and beverage concept. The sale includes the existing LLC, complete with a valid restaurant business license, a seamless opportunity for an owner-operator or investor.

City:Miami Beach,List A O R:A-Miami Association of REALTORS,Latitude:25.7877327,Cooling Y N:1,Heating Y N:1,List Price:330000,Listing Id:A11889140,Longitude:-80.1321374,Mls Status:Active,Inclusions:Business Only,Postal Code:33139,Street Name:15th St,Coordinates:1:25.7877327,Gross Income:50000,Photos Count:21,Business Type:1:Food & Beverage,2:Restaurant,Listing Terms:1:Conventional/Refinance,2:Owner Will Carry,3:Secondary Financing,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-10-02,Property Type:Business Opportunity,Street Number:405-407,Public Remarks:MIAMI BEACH PRIME LOCATION (next to Five Guys) Mediterranean street food restaurant For Sale - SPITFIRE, generating $50,000/month in gross sales with $75k annual rent. This established business comes with a 5+5 year lease (2024?2029+) and an attractive asking price of $390,000. for a total of indoor and outdoor space of 1,300 sqft and 30 approved seats. Located in a high-traffic area on the corner of Washington Ave, Miami Beach, neighbors with FiveGuys Fast Food Restaurant & Taco-Rico Mexican Restaurant. It's fully equipped with a grease trap and hood, allowing easy transition to any food and beverage concept. The sale includes the existing LLC, complete with a valid restaurant business license, a seamless opportunity for an owner-operator or investor.,County Or Parish:Miami-Dade County,Expiration Date:2026-04-02,List Office Name:Related ISG Realty, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Special Licenses:1:Professional,State Or Province:FL,Total Actual Rent:6321,Unparsed Address:405-407 15th St, Miami Beach FL 33139,Year Established:2024,Insurance Expense:1000,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Original List Price:330000,Public Survey Range:0,Documents Available:1:Contracts,2:Financial Statement,3:Inventory,4:Copy Of Lease(S),5:Training Program,I D X Participation Y N:1,M I A M I R E_ Gross Sales:600000,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:MIAMI BEACH PRIME LOCATION (next to Five Guys) Mediterranean street food restaurant For Sale - SPITFIRE, generating $50,000/month in gross sales with $75k annual rent. This established business comes with a 5+5 year lease (2024?2029+) and an attractive asking price of $390,000. for a total of indoor and outdoor space of 1,300 sqft and 30 approved seats. Located in a high-traffic area on the corner of Washington Ave, Miami Beach, neighbors with FiveGuys Fast Food Restaurant & Taco-Rico Mexican Restaurant. It's fully equipped with a grease trap and hood, allowing easy transition to any food and beverage concept. The sale includes the existing LLC, complete with a valid restaurant business license, a seamless opportunity for an owner-operator or investor.,Financial Data Source:1:Owner Provided,Listing Contract Date:2025-10-02,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:Call Listing Agent,See Broker Remarks,Street Number Numeric:405,M I A M I R E_ A C Percentage:1,M I A M I R E_ Current Price:330000,M I A M I R E_ Sq Ft Occupied:1300,Public Survey Township:0,M I A M I R E_ Municipal Code:0,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Thriving Miami Beach Mediterranean street food restaurant FOR SALE,M I A M I R E_ Parcel Number M L X:0,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.787733$-80.132137$81.84$13.33$1.00$CAoSF0NJSE0wb2dLRUlDQWdJRHFpNi1VMmdF,Contract Status Change Date:2025-10-02,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Number Of Full Time Employees:5,M I A M I R E_ Lease Term Remaining:1:Options Available,M I A M I R E_ Agent Alternate Phone:646-498-4913,M I A M I R E_ Inc Exp Statement Period:30,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:405-407 15th St,Internet Automated Valuation Display Y N:1,