Home » Properties » 2742 SW 8th St, Miami FL 33135

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Milly’s Restaurant Opportunity in Miami's Little Havana

Turnkey Dominican restaurant for rent in vibrant Little Havana with strong community ties and authentic cuisine.

$400,000

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MLS #A11856831

Listing Updated: 2026-07-11 12:26:32

Listed By: Lifestyle International Realty

Overview

This established Dominican restaurant located at 2742 SW 8th St in Miami’s cultural hub of Little Havana offers a rare business opportunity. Known for its authentic dishes like mofongo and churrasco, Milly’s Restaurant blends a nostalgic atmosphere with a recently remodeled interior. Operating since 1996, it enjoys loyal patronage and a solid reputation built over three decades. Its strategic location near LoanDepot Park and other local landmarks provides significant foot traffic and community engagement, making it ideal for someone looking to own a well-loved neighborhood eatery.

Property Highlights

Established since 1996, located in the heart of Little Havana, authentic Dominican cuisine, flexible lease terms, strong community presence, $800K+ annual revenue.

Property Details

City: Miami

State: FL

Zip Code: 33135

Address: 2742 SW 8th St, Miami FL 33135

Year Built: 1977

Property Type: Business Opportunity

Property Sub Type:

Listing Office Name: Lifestyle International Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $154,256

Days On Market: 297 Days

Original Listing Description

“Iconic Dominican gem at 2742 SW 8th St in Little Havana—Milly’s Restaurant offers a warm, nostalgic ambiance with inviting décor. Recently remodeled and celebrated for authentic Dominican fare—mofongo, sancocho, mondongo, churrasco, and more—praised for bold flavors, generous portions, and friendly service. Operating since 1996 with strong community ties and a 30-year reputation, serving accounts such as LoanDepot Park, home of the Miami Marlins. Generates $800K+ annually with flexible lease terms—an ideal turnkey opportunity in a prime cultural district.”

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2742 SW 8th St, Miami FL 33135

About This Neighborhood

Situated in Little Havana, this restaurant benefits from a rich cultural atmosphere filled with local art, music, and vibrant street life. The neighborhood is a magnet for those seeking an immersive Miami experience, offering a mix of historic charm and modern conveniences. Its location anchors the business in a community that values tradition and cuisine, ideal for operators wanting to connect authentically with patrons.

Walkability & Lifestyle

Located on SW 8th Street, the property enjoys excellent walkability surrounded by local shops, cafes, and cultural landmarks. Residents and visitors can easily explore vibrant dining options, art galleries, and music venues on foot. This walkable setting enhances customer accessibility and encourages foot traffic, which is a significant advantage for a restaurant in this bustling Miami neighborhood.

Things To Do Nearby

Little Havana offers a rich array of experiences such as exploring Calle Ocho’s murals, sampling authentic Cuban coffee, and enjoying lively street festivals. The nearby recreational areas and marinas provide outdoor opportunities, while local nightlife and dining options add to the neighborhood’s dynamic lifestyle. This location gives access to a cultural heartland full of engaging activities year-round.

Nearby Schools

Families in Little Havana enjoy access to several nearby schools that cater to diverse populations, enhancing neighborhood appeal. Convenient educational options contribute to the area’s livability, supporting residents and professionals who appreciate community-centered urban environments. Proximity to schools can help businesses like restaurants thrive through community engagement and local patronage.

Why Buyers Like This Area

Buyers are drawn to this opportunity for its deep community roots, authentic cuisine, and prime location in one of Miami’s most storied neighborhoods. The restaurant’s longstanding reputation and loyal customer base provide a stable platform for continued success. Additionally, its proximity to cultural landmarks and sports venues adds to its broad appeal for those looking to operate a business with both local and visitor traffic.

Investment Potential

This restaurant offers a unique entry point into Miami’s bustling food scene with its established community reputation and loyal customer base. Located on a lively street in Little Havana, the business captures consistent patronage from locals and visitors alike. While rental terms remain flexible, the location near popular venues like LoanDepot Park enhances its appeal for steady patronage. Prospective operators can benefit from an already thriving brand known for its authentic Dominican flavors.

Market Trends

Miami’s culinary market continues to evolve with a growing appetite for authentic ethnic dining experiences. Little Havana remains one of the city’s most dynamic cultural neighborhoods, attracting both locals and tourists. The area supports businesses that offer genuine cultural representation, making this restaurant opportunity timely amid rising interest in diverse dining options in Miami’s local economy.

Rental Income Potential

The restaurant’s reputation for hearty Dominican dishes and welcoming service creates an environment conducive to steady patronage across seasons. Its position near popular locations generates ongoing demand from both residents and visitors, supporting consistent business activity. Those considering leasing can anticipate reliable foot traffic and a community-oriented clientele reflective of the neighborhood’s vibrancy.