405 15th Street
405 15th Street, Miami Beach, FL 33139
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405 15th Street 405 15th Street, Miami Beach, FL 33139 For Sale
$269,000
405 15th Street · Ocean Drive · Miami Beach
405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 1 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 2 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 3 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 4 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 5 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 6 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 7 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 8 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 9 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 10 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 11 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 12 of 13405 15th Street, 405 15th Street, Ocean Drive, Miami Beach FL 33139, photo 13 of 13
$269,000Asking Price
Per SqFt
—/—Beds/BathsBd/Ba
SqFt
MLS A11994384 · 169 days on Zilbert · Listed Apr 2, 2026 · 405 15th Street, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Asking Price$269,000
Price per SqFt
Maintenance feeInquire
Property TaxesNot 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

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201

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.

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