













Property Details
| Asking Price | $269,000 |
|---|---|
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | Not yet assessed |
| Interior Space | — |
| Beds/Baths | —/— |
| MLS # | A11994384 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
From the listing
Prime Miami Beach restaurant opportunity located in a high-traffic corridor just steps from Washington Ave. This well-established Mediterranean/Turkish concept offers strong visibility, consistent foot traffic, and a turnkey operation ideal for an owner-operator or experienced investor.The business features approximately 30 seats (15 indoor and 15 outdoor) within an efficiently designed layout, making it highly manageable while maximizing revenue potential. The space is fully built out with a commercial kitchen, hood system, grease trap, refrigeration, and all essential equipment in place, allowing for immediate operation with minimal additional investment.Strong reported gross sales averaging approximately $60,000+ per month, with financials available for qualified buyers upon request.Positioned in one of Miami Beach’s most active dining and dining corridors, the location benefits from constant pedestrian flow and surrounding national and local brands. The versatile setup supports continued operation of the existing concept or a seamless transition to a new food and beverage concept, subject to landlord approval.Long-term lease structure provides stability and future upside, making this an attractive opportunity for both hands-on operators and strategic buyers looking to enter or expand within the Miami Beach market. Business is currently operating with strong and consistent performance in a prime Miami Beach location, generating reported gross sales of approximately $60,000+ per month and an estimated net profit in the range of $15,000–$20,000 monthly (owner-reported).The sale includes all furniture, fixtures, and equipment (FF&E), offering a fully built-out, turnkey operation. The space is equipped with a commercial kitchen, hood system, grease trap, refrigeration, and all necessary infrastructure for immediate continuation of operations.The premises consist of approximately 1,300 SF with a total seating capacity of 30 (15 indoor and 15 outdoor). The layout is efficient and well-suited for both dine-in and takeout service.Current lease structure includes a favorable long-term lease with a 5+5 year term (2024–2029 initial term with renewal options), and an annual base rent of approximately $75,000. Lease terms, assignment conditions, and landlord approval requirements will apply.The business has an established presence of over 10 years in the market and benefits from a high-traffic location surrounded by national and local brands. While currently operating without a liquor license, the space and zoning may allow for obtaining a beer, wine, or full liquor license, subject to approval.This is a rare opportunity for an owner-operator or investor to acquire a stabilized, income-producing restaurant with the flexibility to continue the current concept or reposition under a new brand.
Listed by The Keyes Company
Sales History for This Home · 405 15th Street, Miami Beach, FL 33139
Sales history is unavailable for this property

Listed by The Keyes Company. 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.
Ask Mark About This Listing
Questions, showings, offers. This goes straight to Mark Zilbert.
A question about the website itself, such as something broken, the Terms, or your account? Use the site-help form
This goes to the site team at [email protected], not into the real-estate pipeline.
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.
