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Active Business Opportunity
$590,000 ↓ −$159,990 (21.3%)
419 Washington Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
12025
Year Built

About This Property

Prime South of Fifth Restaurant for Sale – Miami Beach. Exceptional Turnkey Opportunity in Miami Beach’s Most Desirable Neighborhood. In South of Fifth, the premier address in South Beach, this beautifully remodeled restaurant is just 300 meters from the beach and perfectly positioned for year-round success. Surrounded by multi-million-dollar condominiums, this location captures the very best of Miami Beach: vibrant energy, luxury living, world-class tourism, and constant foot traffic.

Key Highlights:

90 total seats (60 inside + 30 on a spacious outdoor terrace)
Completely remodeled with a brand-new kitchen, new equipment, and new furniture
Strong existing reputation and impressive existing monthly income
Full liquor license available via lease with reasonable monthly payments
One of the best (lowest) rents in all of South Beach
Created by some of Miami’s most established and successful restaurateurs
This is a new but proven gem, already thriving and exceeding expectations. The current partners have decided to part ways and are motivated to sell, creating a rare opportunity for the right buyer to take over a turnkey, high-performing operation in one of the strongest restaurant markets in the country.

If you are looking for a successful, beautifully designed, and incredibly well-located restaurant in South Beach with affordable rent and strong cash flow, this is the one.

Serious inquiries only. Confidentiality assured.

Property Details

Property Type Business Opportunity
Days on Market 121 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community —
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Miami Beach South Pointe Elementary
Elementary 305-531-5437
PK-5
1050 Fourth St., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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