228 NE 1st Avenue, Miami FL 33132
1926
Year Built
100
Days on Market
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.
Facts
- MLS#
- F10556560
- Subdivision
- —
- Property Type
- Business Opportunity
- Property Sub Type
- —
- Year Built
- 1926
- Lot Size
- 0 sqft
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 100 days
- Listed
- Mar 6, 2026
- Last Updated
- Jun 14, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
27
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).
| 5/19/2026 | Price change | $99,000-45.0% |
| 3/6/2026 | Listed for sale | $180,000 |
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.
Somerset Academy St. LucieKG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
- Westport Private School
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi
- Windmill Point Elementary School
PK,KG,1,2,3,4,5 · public · 1.7 mi
- Treasure Coast High School
9,10,11,12 · public · 1.7 mi
- Dalton Learning Center Inc.
KG,1,2,3,4,5 · private · 1.8 mi
- Ivy League Preschool Academy
KG,1,2,3,4,5,6,7,8 · private · 1.8 mi
- RPS Academies
5,6,7,8,9,10,11,12 · private · 4.1 mi
- Oak Hammock K-8 School
PK,KG,1,2,3,4,5,6,7,8 · public · 4.1 mi
- Bayshore Elementary School
PK,KG,1,2,3,4,5 · public · 4.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$759/mo
Principal & Interest
$527
Property Tax
$83
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 9 hours ago
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