Property Details
| Asking Price | $3,500,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1966 |
| MLS # | A12071932 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
This prime commercial hospitality offering comprises two contiguous units totaling 5,750 adjusted square feet (Unit CU-2A at 4,500 SF and Unit L6 at 1,250 SF) within the oceanfront landmark property at 5445 Collins Avenue in Miami Beach. Built in 1966, the space currently operates as Blu Gin Restaurant and Lounge. It features soaring floor-to-ceiling perimeter windows delivering direct Atlantic Ocean vistas, high-volume dining room capacity, an expansive full-service bar, and a fully equipped commercial kitchen complete with commercial hood, flat tops, grill, fryers, and refrigeration infrastructure. The offering includes an active 4COP license with delivery allowances, presenting an operator or investor with immediate, barrier-free market entry along Mid-Beach's prestigious Millionaire's Row. The layout delivers high-visibility exposure to the property's busy residential and guest lobby, creating a captive customer pipeline while capturing external local and tourist patrons. The dual-unit configuration allows for flexible operational structuring, expanded banquet seating, or dedicated back-of-house storage and administrative functions.
Listed by Fausto Commercial Realty Consultants Inc
Sales History for This Unit · Castle Beach Club Unit CU-2A
Sales history is unavailable for this property
What Other Units Have Been Selling For at Castle Beach Club
0 other units sold in the last 12 months
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| CU1 & CU2 | $1,000,000 | 29% | 12/1/20 |
| BAY 7 | $100,000 | 40% | 6/19/14 |
| CU19 | $290,000 | 46% | 10/17/12 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Castle Beach Club
31 for sale · 6 sold in the last 12 months · building avg $629/SqFt sold