$1,017,267*
●
Commercial -
Off Market
3138 Coral Way
Miami, FL 33145
Studio
0 Bath
6380 Sqft
$540,000 - $658,000
Reference Base Price*
69.83%
Since May 1, 2020
FL-Miami
Primary Model
About This Property
MAJOR PRICE REDUCTION AND MOTIVATED SELLER: Formerly Riviera Live,
this beautiful turn-key multi-level nightclub, restaurant &
entertainment venue is located in a 6380 sq ft free-standing
building. A main center bar has a quartz top with LED underighting.
A second bar allows for VIP service on the upper level. The
sound & lighting systems are top-rate and spectacular, including an
LED wall screen. The high-end commercial kitchen houses a 16-burner
stove and hood, dishwasher, ice maker & a wood-fired pizza oven.
Fully ADA compliant with elevator. An outside terrace area is
available for use. Licenses include 4-COP-SFS, and restaurant
license with entertainment.
The manager has listed the unit size as 6380 square feet.
The manager has listed the unit size as 6380 square feet.
Unit Size
6,380Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
Commercial
Property Taxes
$2,173
HOA Dues
-
Year Built
1950
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2020 | No longer available | - | |
| No longer available | |||
| Mar 7, 2020 | Price Decreased |
$599,000
↓ $91K
(13.2%)
|
|
| Price Decreased | |||
| Jan 4, 2020 | Price Decreased |
$690,000
↓ $185K
(21.1%)
|
|
| Price Decreased | |||
| Nov 28, 2019 | Price Decreased |
$875,000
↓ $115K
(11.6%)
|
|
| Price Decreased | |||
| Oct 30, 2019 | Listed | $990,000 | |
| Listed | |||
Property Highlights
Air Conditioning
3138 Coral Way
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
Stu
-
3,245 ft²
$197/ft²
$640,000
Nov 19, 2021
-
$617/mo
In Contract
Multifamily
Stu
-
1,820 ft²
$365/ft²
$665,000
Dec 6, 2022
-
$601/mo
In Contract
Multifamily
Stu
-
1,336 ft²
$434/ft²
$580,000
Dec 28, 2022
-
$471/mo
Active
Multifamily
Stu
-
1,540 ft²
$422/ft²
$650,000
Sep 7, 2022
-
$579/mo
Active
Multifamily
Stu
-
1,400 ft²
$468/ft²
$655,000
Jul 13, 2022
-
$515/mo
Active
Multifamily
Stu
-
1,352 ft²
$477/ft²
$645,000
Oct 18, 2022
-
$984/mo
Active
Condo
1
Bed
1.5
Baths
1,008 ft²
$546/ft²
$550,000
Aug 25, 2022
-
$1,754/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/30/2019
|
|
Studio
|
-
|
6380 ft²
|
$990,000
Studio
-
6380 ft²
|
-
-
|
-
|
Patricia Burnside
Patricia Burnside Realty
|
Building Info
