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$5,500,000
2 Days On Site

3138 Coral Way
Miami, FL 33145

For Sale|Retail|Active
0
Beds
0
Total Baths
7,200
SqFt
$764
/SqFt
1950
Built
County:
Miami-Dade
3138 Coral Way3138 Coral Way3138 Coral Way3138 Coral Way
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Monthly Payment (Est.)

$25,093
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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.

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Listing Snapshot
Price 
$5,500,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,200 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.132 Acres
Year Built 
1950
MLS® Number 
A11971140
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing first seen on site
3 days agoListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
7200
Style 
Detached
Zoning 
6101
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Community Features
Financing Terms Available 
ConventionalOwner May Carry
MLS Area 
41
Listing courtesy of TMT Real Estate, LLC.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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