228 NE 1st Avenue, Miami, FL 33132
New Listing
$180,000
Property Type:
Business Opportunity
Status:
Active
Current Price:
$180,000
List Date:
3/06/2026
Last Modified:
3/07/2026
Description
Excellent opportunity to acquire a fully equipped 39-seat restaurant in the heart of Downtown Miami, inside a historic hotel building. Steps from Miami Dade College, it benefits from strong pedestrian traffic and a steady flow of students, faculty, and visitors. The area is growing, with ~500 new residential units and office spaces nearby, boosting daily foot traffic. Turnkey and ready for operation, it features new appliances, a grease trap, and a well-maintained kitchen. A new lease provides stability and flexibility. Ideal for owner-operators, chefs, or investors, including E-2 visa applicants.
More Information MLS# F10556560
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-03-06
Status: Active
Original List Price: 180000
List Price: $180,000
Current Price: $180,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33132
Subdivision Number: 0
Country: United States
Street Number: 228
Street Direction Prefix: NE
Street Name: 1st
Street Suffix: Avenue
State Or Province: FL
Area: 2110
Zoning: T-680-O
Directions: GPS
General Property Information
Occupied Area: 2000
Ownership Type: Assets Only
Year Built: 1926
Parking Total: 50
Currently Not Used
Year Built: 1926
Office/Member Information
DXORIGMLSID: FLL
Electric
101-200 Amp Service: 1
110 Volts: 1
220 Volts: 1
Three Phase: 1
Loan Details
Assumable Chattel Balance: 0
Parking Features
Common: 1
Short Sale Details
Short Sale Addendum: No
Location of Property
City Location: 1
In Residential Area: 1
Business Type
Commercial: 1
Sale Includes
Business: 1
Furniture: 1
Leases: 1
License: 1
Machinery: 1
Listing Terms
Cash: 1
Business Details
Year Established: 2025
Income and Expenses
Gross Sales: 200000
Inc/Exp Statement Period: 2025
Insurance Expense: 300
Source Of Expenses
Books: 1
Owner Provided: 1
Cooling
Central Individual: 1
Price Calculations
Current Price To SqFt: 90
Section Details
Parcel Number MLX: 0000
Status Change Information
Major Change Timestamp: 2026-03-06T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-03-06
Originating Details
Originating System Key: 611164850
Originating System ID: M00000170
Property Features
Business Type: Commercial
Electric: 101-200 Amp Service; 110 Volts; 220 Volts; Three Phase
Location of Property: City Location; In Residential Area
Parking Features: Common
Sale Includes: Business; Furniture; Leases; License; Machinery
Source Of Expenses: Books; Owner Provided
Cooling: Central Individual
Listing Terms: Cash
Listing Office:
LoKation
Last Updated: March - 07 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.