521 SW 8th St - Restaurant FOR SALE


Miami, FL 33130- Little Havana
$4,500,000 USD
786-522-7027
521 SW 8th St, Miami, FL for Sale
$4,500,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

521 SW 8th St
Miami, FL 33130
Little Havana


HIGHLIGHTS

  • Rare opportunity to acquire a turnkey, fully licensed restaurant and speakeasy in the heart of Miami’s vibrant Urban Core.
  • Fully licensed restaurant and bar w/ seating capacity for over 227 patrons indoors, 4COP-SFS Alcoholic Beverage & Tobacco License, and outdoor seating
  • Upgrades in the past 7 yrs include electrical and plumbing systems, 2 GBD 250 grease traps (2021), kitchen hood, freezers, elevator lift, HVAC system
  • Full Kitchen with all equipment included in the sale
  • Outside Seating Waiver approved April 2024 – 78 occupants
  • Prime location with over 24,000 vehicles per day and direct access to I-95 on and off-ramps.

OVERVIEW

Marcus & Millichap is pleased to present the sale of 521 SW 8th Street, Miami, FL 33130. This property consists of 5,920 SF of net leasable area sitting on a 7,000 SF lot. This is a rare opportunity to acquire a turnkey, fully licensed restaurant and speakeasy situated in the heart of Miami’s vibrant Urban Core. The establishment boasts a fully licensed restaurant and bar with a seating capacity for over 227 patrons indoors, as well as an approved outdoor seating waiver for 78 occupants. Recent upgrades over the past 7 years include new electrical and plumbing systems, two GBD 250 grease traps  (installed in 2021), kitchen hood, freezers, elevator lift, HVAC systems (four 5-ton units and four 1-ton mini splits), and building recertification in 2023. Located on Calle 8 and Fifth Avenue, just 0.3 miles from Brickell City Centre, this property sits on a major thoroughfare that connects Little Havana to the Brickell financial district, where the median household income exceeds $125,000. The sale includes a full kitchen with all necessary equipment, and the outdoor seating waiver, approved for 78 occupants in April 2024, adds further appeal. The prime location sees over 24,000 vehicles passing daily and offers direct access to I-95 ramps. Miami’s Brickell neighborhood, known for its luxury living, vibrant lifestyle, and exceptional walkability, is home to major corporations like Citadel, Microsoft, and Kaseya.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$783 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

West Brickell Restaurant & Speakeasy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C-1

APN/PARCEL ID

01-0204-080-1180

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

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Jonathan De La RosaMarcus & MillichapMore Info
786-522-7027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.