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12061531
12061534

1121 Washington Ave, Miami Beach, FL 33139

Cervera Real Estate
Listed by Cervera Real Estate
$35/SF/MO
139 days on market
Updated 6 days ago

Poseidon Greek

Building Details
Property Type Restaurant
Tenancy Single
Lease Type Modified Gross
Total Building SqFt 4,579

Spaces

Restaurant | Single tenant | 4,579 SqFt

Building description

Second-generation restaurant opportunity on Washington Avenue in Miami Beach. Fully built-out restaurant space in excellent condition with a long-term lease in place through 2032, offered as a key money transaction.

The space comprises approximately 3,381 SF rentable (3,051 SF interior ground floor + 330 SF patio), plus an additional ±1,200 SF second floor mezzanine bonus space, with rent calculated on the ground floor only.

The property features a true second-generation buildout, including existing commercial kitchen infrastructure, hood and suppression system, grease interceptor, bar buildout, restrooms, and utilities in place, allowing for a significantly reduced time and cost to opening.

Current base rent is approximately $13,000 per month under a modified gross lease, with no CAM or operating expense pass-throughs currently being charged. The lease is assignable to a qualified operator, subject to landlord approval.

A full 4COP restaurant liquor license is available, subject to buyer qualification and approval. Reference floor plan attached. Additional details upon request. Key Money: $225,000

FOR MORE INFO CONTACT:

Cameron Cervera

+1 (305) 439-7019

cameron@cervera.com

Listing Contacts

Cervera Real Estate
Listed by Cervera Real Estate

Map

Property History

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