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  • MLS® #: A11971140
  • 3138 Coral Way
  • Miami, FL 33145-3106
  • $5,500,000
  • Business

Freestanding two-level 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.

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Essential Information

  • MLS® #A11971140
  • Price$5,500,000
  • CAD Dollar$7,526,937
  • UK Pound£4,069,027
  • Euro€4,663,021
  • Bathrooms0.00
  • Year Built1950
  • TypeBusiness
  • Sub-TypeRetail
  • StyleDetached
  • StatusActive

Community Information

  • Address3138 Coral Way
  • Area41
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33145-3106

Interior

  • # of Stories2
  • StoriesTwo
  • Office: Tmt Real Estate, Llc.
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3138 Coral Way on www.w.jupiteroceanfrontcondos.us

Offered at the current list price of $5,500,000, this home for sale at 3138 Coral Way features bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33145-3106 . 3138 Coral Way is listed under the MLS ID of A11971140 and has been on the Miami real estate market for 2 days.

Facts About Miami, FL

Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of February 25th, 2026 at 9:46pm CST (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.

The information being provided is 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