For Sale
$1,500,000

530 Ocean DrMiami Beach, FL 33139

Profitable Restaurant, Ocean Drive, Miami Beach

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional restaurant opportunity is located at 530 Ocean Drive, Miami Beach, Florida, 33139. Built in 1937, this established retail property is listed at $1,500,000. The restaurant boasts a highly profitable operation, consistently generating over $1.5 million in annual sales without any advertising. Its menu offers breakfast, lunch, brunch, and dinner service, catering to a diverse clientele. The property features ample covered outdoor seating, perfect for enjoying the vibrant South Beach atmosphere. Its prime location, directly across from the beach and surrounded by numerous hotels, ensures high foot traffic and a steady stream of customers. The current team is in place, allowing for a hands-off operational approach for the new owner. The business model is adaptable, with potential for exploring alternative concepts, including Italian cuisine. Convenient parking is also available. This turnkey operation presents a significant investment opportunity, potentially qualifying for E2 and EB-5 visas. Don't miss this chance to own a thriving restaurant in one of Miami Beach's most desirable locations.

Highlights

  • $1,500,000 asking price.
  • Miami Beach, FL retail property at 530 Ocean Dr.
  • Restaurant business for sale, built in 1937.
  • High-grossing restaurant with over $1.5M in annual sales.
  • Prime South Beach location, across from the beach, with ample outdoor seating.

Property Details for 530 Ocean Dr

Property type
Retail properties, Restaurants
Year Built
1937

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7754478
Longitude
-80.1320274
530 Ocean Dr, Miami Beach, Florida

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530 Ocean Dr
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