3138 Coral Way ,Retail, Free Standing for Sale & Rent

3138 Coral Way for Sale & Rent

Price $5,500,000.00

• Lot size 7200
• Year Build 1950
• Waterfront
• Zip 33145
• Style
• Parking Description
• Pool Yes
• Status Active

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.

AMD MIAMI SUBURBAN AC PB 4-73 LOT 6 LESS ST BLK 3 LOT SIZE 50.000 X 115 OR 20976-1316 0103 1

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.

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7499496,List Price:5500000,Listing Id:A11971140,Longitude:-80.244122,Mls Status:Active,Year Built:1950,Inclusions:Fixtures,Furniture,Inventory, Equipment,Furniture/Fixtures,Inventory,Postal Code:33145,Street Name:Coral Way,Coordinates:1:25.7499496,Photos Count:25,Days On Market:2,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2026-02-24,Parcel Number:01-41-16-009-0590,Property Type:Commercial Sale,Stories Total:2,Street Number:3138,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2027-02-23,List Office Name:TMT Real Estate, LLC.,Standard Status:Active,Living Area Units:Square Feet,M I A M I R E_ Last Use:Restaurant/Club,Major Change Type:New,Postal Code Plus4:3106,Property Sub Type:Retail,State Or Province:FL,Unparsed Address:3138 Coral Way, Miami FL 33145,Listing Agreement:Exclusive Agency,Building Area Total:7200,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:5750,M I A M I R E_ Flood Zone:X,M I A M I R E_ For Sale Y N:1,Original List Price:5500000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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 Contract Date:2026-02-24,Originating System I D:miamire,Public Survey Section:16,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:3138,Tax 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,M I A M I R E_ Current Price:5500000,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Freestanding two-level commercial building located along Coral Way. Previously operated as a restaurant and entertainment venue,M I A M I R E_ Parcel Number M L X:0590,M I A M I R E_ Street View Param:1$25.749886$-80.244146$209.50$13.33$1.00$qyrXqGrImMpVMcdxHwsnwg,Contract Status Change Date:2026-02-24,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Agent Alternate Phone:786-488-9378,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:3138 Coral Way,M I A M I R E_ Multiple Offers Accepted Y N:1,