Turn-Key Restaurant Opportunity in Coconut Grove, Miami

Rare business opportunity in Coconut Grove with full kitchen, prime location, and ample parking for go/delivery service.
$385,000

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Florida Local Time --:--
MLS #A11837262
Listing Updated: 2026-07-06 18:31:29
Listed By: PB Restaurant Partners

Overview

Located in the heart of Coconut Grove, this established restaurant business offers a rare chance to operate in a high-traffic Miami neighborhood. The property includes a fully built-out commercial kitchen with all essential equipment such as ovens, grills, refrigerators, and POS systems. The venue benefits from excellent street visibility and communal courtyard seating, perfect for attracting foot traffic and delivery orders. With a low lease and nearby amenities, this opportunity suits entrepreneurs looking for a turn-key restaurant in a vibrant area.

Property Highlights

Prime Coconut Grove location, fully equipped kitchen, ample parking, high visibility, low lease, established business with long-standing local recognition.

Property Details

City: Miami
State: FL
Zip Code: 33133
Address:
Year Built: 1963
Property Type: Business Opportunity
Property Sub Type:
Listing Office Name: PB Restaurant Partners
County: Miami-Dade County
Garage Spaces:
Parking Features: Assigned, Common, Free Parking
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $37,481
Days On Market: 332 Days
Very rare asset sale in Coconut Grove. Prime area, to go/delivery location, fully built out with a large kitchen. Plenty of parking and communal courtyard seating in front of location. Kitchen equipment, refrigerators, ovens, stoves, grills, POS systems, are included in sale. Location is on a heavily trafficked street, great visibility and access for customers. A great turn-key opportunity for an operator to operate an established successful restaurant. Lease has a low rent, especially for the area, and renewals. New operator will need to transfer all licenses, and conduct a study for grease trap transferability. The name, concept, recipes, phone, have been known in the area since 1986 can be purchased for additional sum. Please do not visit or disturb employees, tours must be scheduled.

Property Location

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

About This Neighborhood

Situated in Coconut Grove, one of Miami’s most historic and walkable neighborhoods, this property benefits from nearby parks, boutique shopping, and vibrant dining scenes. Residents and visitors enjoy a casual yet active lifestyle, with easy access to waterfront areas and outdoor spaces, making it an ideal setting for a neighborhood restaurant or café.

Walkability & Lifestyle

Coconut Grove offers a highly walkable environment with easy access to popular restaurants, specialty shops, and outdoor spaces. This business sits in a vibrant corridor frequented by locals and visitors alike, enhancing its foot traffic potential and overall lifestyle integration within the community.

Things To Do Nearby

Residents and visitors enjoy boating, waterfront dining, and local parks in Coconut Grove. The area’s active marina scene, cultural events, and nearby golf courses provide varied recreational options that attract diverse crowds and support the local dining economy.

Nearby Schools

Families moving to Coconut Grove benefit from a selection of Miami-area schools nearby, offering educational convenience. The neighborhood’s residential character supports easy access to schools while maintaining proximity to urban amenities and cultural sites.

Why Buyers Like This Area

Buyers appreciate this business opportunity for its prime Coconut Grove location, fully equipped kitchen, and low lease cost. The ready-to-operate setup combined with the neighborhood’s unique charm offers a balance of lifestyle and convenience sought by restaurateurs looking to establish quickly.

Investment Potential

This Coconut Grove business opportunity stands out with its ready-to-operate kitchen and prime location on a busy street. The setup is ideal for go and delivery services, appealing to local entrepreneurs and seasonal operators alike. While income levels can vary, the location’s strong foot traffic and communal courtyard seating enhance its rental appeal within Miami’s competitive restaurant market.

Rental Income Potential

The business’s location and full kitchen amenities create natural appeal for rental viability, especially for operators focusing on delivery and takeout. The communal seating and prominent street presence further enhance potential customer reach. While rental income depends on operational factors, the low rent lease offers a strong foundation for business sustainability.
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