For Sale
$2,200,000

Ocean Dr Miami Beach, FL 33139

Prime Oceanview Restaurant & Bar, Miami Beach

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional oceanfront restaurant and bar in Miami Beach, Florida, presents a lucrative investment opportunity. Boasting 5,000 square feet of total space, including a main dining area, bar, children's play area, and a stunning enlarged outdoor terrace, this establishment offers breathtaking ocean views. Recently renovated in 2021, the restaurant features a sophisticated design and serves Asian and European fusion cuisine. Its prime location on Ocean Drive in the 33139 zip code allows for beach service, catering, and delivery, catering to a diverse clientele. The restaurant is renowned for hosting large-scale events such as parties, banquets, and bar mitzvahs, creating a consistent stream of revenue. Guests are drawn to the romantic ambiance of the outdoor terrace, enhanced by live candlelight concerts on weekend evenings. The unique menu and cocktail offerings foster repeat business and memorable experiences. An added benefit is the option to rent a neighboring ballroom for larger events, utilizing shared kitchen access. A small cafeteria is also available for an additional $2,500 monthly rent, potentially expanding service offerings. The asking price of $2,200,000 includes all inventory. With a net rentable area of 7,418 square feet, the price per square foot is $440. This is a remarkable opportunity for an E-2 visa investment.

Highlights

  • Oceanfront restaurant and bar in Miami Beach (33139) with 5,000 SF total space, including outdoor terrace.
  • Recently renovated (2021), featuring Asian and European fusion cuisine. Prime Ocean Drive location allows for beach service, catering, and delivery.
  • Hosts large-scale events, generating consistent revenue. Includes all inventory, asking price $2,200,000 ($440/SF based on 7,418 net rentable square feet).
  • Option to rent adjacent ballroom with shared kitchen access for larger events. Small cafeteria available for an additional $2,500/month rent.

Property Details for 0 Ocean Dr

Property type
Commercial real estate
Square Feet
5,000 SF
Year Renovated
2021

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7685168
Longitude
-80.1332062

FAQs

What type of property is this?
Commercial real estate - Prime Oceanview Restaurant & Bar, Miami Beach
Where is the commercial real estate located?
The property is located at Ocean Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Oceanfront restaurant and bar in Miami Beach (33139) with 5,000 SF total space, including outdoor terrace.; Recently renovated (2021), featuring Asian and European fusion cuisine. Prime Ocean Drive location allows for beach service, catering, and delivery.; Hosts large-scale events, generating consistent revenue. Includes all inventory, asking price $2,200,000 ($440/SF based on 7,418 net rentable square feet).
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0 Ocean Dr
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