How much is 3138 Coral Way?

3138 Coral Way is listed at $3,500,000, about $486 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 3138 Coral Way zoned?

The listing reports zoning of 6101. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 3138 Coral Way?

The listing reports 7,200 square feet of building.

When was 3138 Coral Way built?

3138 Coral Way was built in 1950. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

How do I tour 3138 Coral Way?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

3138 Coral Way, Miami, FL 33145

$3,500,000 · $486 per sq ft · Commercial for sale

Property type: Business
Asking price: $3,500,000
Price per sq ft: $486
Building size: 7,200 sq ft
Lot size: 5,663 sq ft
Zoning: 6101
Year built: 1950
Parcel ID: 0141160090590
MLS#: A11971140

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

About the Business at 3138 Coral Way

Included: Fixtures, Furniture, Inventory, Machinery

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

TMT Real Estate, LLC. · info@tmt.realestate · Listing agent: Alfred Munoz

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 3138 Coral Way or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 3138 Coral Way

How much is 3138 Coral Way?: 3138 Coral Way is listed at $3,500,000, about $486 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 3138 Coral Way zoned?: The listing reports zoning of 6101. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 3138 Coral Way?: The listing reports 7,200 square feet of building.
When was 3138 Coral Way built?: 3138 Coral Way was built in 1950. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 3138 Coral Way?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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