5445 Collins Ave, Miami Beach FL 33140
$3,400,000
Est. Payment $18,096/mo
1966
Year Built
1
Stories
47
Days on Market
Description
Real estate for sale with a fully operational restaurant & lounge, successfully operating since 2014 and generating strong annual revenue. Located at Castle Beach Club, 5445 Collins Ave, Miami Beach, this 4,114 SF ocean- and pool-view venue consists of two commercial units (L-6 & CU2A) and is licensed for 205 seats, featuring a fully transferable 4COP liquor license assigned to the units. The property is being sold together with an established, income-producing business, offering a turnkey opportunity for immediate operation. No restrictions on concept or hours. Live music, DJs, and events are allowed within acceptable noise levels. The 40-year recertification has been completed.An exceptional opportunity for restaurant operators or investors seeking a prime Miami Beach location with both real estate ownership and a profitable, established business.
Facts
- MLS#
- A11978304
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Mixed Use
- Year Built
- 1966
- Lot Size
- 4,114 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 47 days
- Listed
- Mar 6, 2026
- Last Updated
- Apr 22, 2026
- Price/Lot Sq.Ft.
- $826/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
52
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/6/2026 | Listed for sale | $3,400,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
The Masters AcademyPK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
- Hawkes Bluff Elementary School
PK,KG,1,2,3,4,5 · public · 1.7 mi
- First Steps International Academy
PK,KG · private · 1.9 mi
- Montessori Institute of Broward
PK,KG,1,2,3,4,5 · private · 2.0 mi
- Montessori Institute-Broward
PK,KG · private · 2.0 mi
- Montessori Institute Of Broward
PK,KG,1,2,3,4,5,6 · private · 2.0 mi
- Sw Ranches Christian Academy
PK,KG · private · 2.0 mi
- Little Flowers of Hope Center for Children
8,9,10,11,12 · private · 2.1 mi
- Apple Tree Montessori School
PK,KG,1,2,3 · private · 2.1 mi
- Greentree Preparatory Charter School
KG,1,2,3,4,5,6,7,8 · charter · 2.1 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$21,080/mo
Principal & Interest
$18,096
Property Tax
$2,833
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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