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Restaurant 2nd Generation | Miami Beach

$3,990,000

1542 Washington Ave, Miami Beach, FL 33139

Active
Last Updated: 07/14/2025

5,870 sqft

Building Size

0.1348 acres

Lot Area

Details:
Building Size:    5,870 sqft
Lot Area:    0.1348 acres
Highlights:
  • Turn-key restaurant/private club space
  • Built-out as a high-end restaurant/club/private club
  • Fully-equipped, 100% brand new kitchen and build-out
  • Approximately 2,000 SF exterior courtyard. Approved for 262 seats, total indoor and outdoor.
  • Custom LED lighting systems, high-end audiovisual equipment
  • Backyard patio: 2,000 SF
Description:

Introducing an exceptional opportunity for retail investors: a spectacular 5,870 SF building in the vibrant Miami Beach area. This turn-key property boasts a fully-equipped, 100% brand new kitchen and build-out, designed to cater to the high-end dining and entertainment scene. With approximately 2,000 SF of exterior courtyard space and approval for 262 seats, both indoor and outdoor, this property is primed for success. The custom LED lighting systems and high-end audiovisual equipment create an inviting atmosphere, while the 2,000 SF backyard patio offers additional potential for outdoor enjoyment. Don't miss the chance to make your mark with this exceptional retail investment in the heart of Miami Beach.

Nestled in the heart of Miami Beach, this prime location offers an exceptional retail investment opportunity. The property is surrounded by an array of upscale shops, dining establishments, and entertainment venues, creating a vibrant and high-traffic environment for potential retailers. With iconic destinations such as Lincoln Road Mall, Ocean Drive, and Espanola Way just moments away, the area is a magnet for both local residents and international visitors. Embrace the allure of this dynamic location and position yourself for success amidst the cultural richness and beachfront elegance that define Miami Beach. This is a unique opportunity to become part of the thriving retail scene in one of the most sought-after locations in South Florida.

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VIDEO WALKTHROUGH - 1542 Washington.mp4
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OM_-_Retail_Fully_Equipped_Restaurant_2nd_Gen___Miami_Beach.pdf
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Today's Available Mortgage Rates

1542 Washington Ave, Miami Beach, Florida 33139

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/23/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 6.02% 5 Year Fixed
Mo. Payment$13,136 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $2,034,900 Loan Amount
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.06% 7 Year Fixed
Mo. Payment$13,703 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,114,700 Loan Amount
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.06% 10 Year Fixed
Mo. Payment$13,703 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,114,700 Loan Amount
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