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Banquet Hall For Sale on Coral Way, Miami FL 33165

Commercial For Sale
$650,000

BTC: 7.73809524

ETH: 245.28301887

New
0 room(s)

Overview

Excellent opportunity to acquire a well-established banquet and event hall in Miami’s desirable Westchester area, conveniently located near Florida International University. The property has operated as a banquet hall for more than 40 years, with the current owner successfully operating the business for approximately 21 years. This turnkey opportunity offers a strong foundation for continued operations and future growth. The facility encompasses approximately 8,000 SF and accommodates up to 200 guests. Features include a full commercial kitchen, spacious event areas, and equipment, furniture, fixtures, and inventory included in the sale. The space can be divided into two separate rooms, allowing the facility to host two events simultaneously, each with its own entrance. The business is well suited for weddings, quinceañeras, birthdays, corporate events, private parties, and other special occasions. Significant potential exists to increase revenue through additional events, catering, and food-service opportunities. The established location, more than four decades of banquet hall history, and experienced operational setup provide a solid platform for continued success. Business and assets only; real estate is not included. Confidential sale. Please do not disturb employees or customers. Contact the listing agent for additional information and to schedule a private showing. Proof of funds and/or buyer qualification may be required before confidential information is released.

Location

Details

Type:
Business Opportunity
Parking:
Additional Spaces Available / Common / Free Parking
Year Built:
No Data
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$665,000
$63K – $4.0M
Confidence Low
List vs. estimate
$15K below estimate
List $650,000 · -2.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
42 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $712K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Parking

    • Additional Spaces Available

    • Common

    • Free Parking

    Other Property Information

    • Zoning: 0000

  • Type and style

    • Property Type: Business Opportunity

  • Source details

    • MLS ID: A12098554

    Other facts

    • Lot Features: Shopping Center

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Florida International Realty L