3138 Coral Way, Miami, FL

$3,500,000

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0.130

Acres

About 3138 Coral Way

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

Features of 3138 Coral Way

MLS® # A11971140
USD $3,500,000
CAD $4,836,230
CNY 元23,483,950
EUR €3,012,167
GBP £2,588,051
RUB ₽293,825,000
Acres 0.13
Year Built 1950
Type Residential
Sub-Type Business
Status Active
HOPA No Hopa

Community Information

Address 3138 Coral Way
Area 2410
City Miami
County Miami-Dade
State FL
Zip Code 33145

Amenities

Security Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
Guest House No

Additional Information

Date Listed February 24th, 2026
Days on Market 198
Zoning 6101
Foreclosure No
Short Sale No
RE / Bank Owned No
Parcel ID 0141160090590

Listing Details

OfficeTMT Real Estate, LLC.
EmailALFRED@TMT.REALESTATE

Listing Map

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