Investment 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 netleasable 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