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5445 Collins Ave, Miami Beach FL 33140

Commercial For Sale
$3,400,000

BTC: 56.66666667

ETH: 2,193.54838710

111 days
Waterfront
0 room(s)

Overview

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.

Location

Florida • Miami Beach • 33140 • Commercial • For Sale • Waterfront

Details

Type:
Commercial Sale
Parking:
Additional Spaces Available / Common
Year Built:
1966
Lot:
4114 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,725,000
$574K – $2.8M
Confidence Low
List vs. estimate
$1.7M above estimate
List $3,400,000 · +97.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $685K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Waterfront
Ocean Front
All facts and features

  • Parking

    • Additional Spaces Available

    • Common

    Lot

    • Lot: 4114 Square Feet

    Other Property Information

    • Parcel Number: 02-32-14-021-4870

    • Zoning: 4100

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Source details

    • MLS ID: A11978304

    Other facts

    • Lot Features: Beach Access

    • Waterfront: Yes

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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Market around this address

Live counts in the same area.
View all
This zip
33140
559
median $799K
Active
Same city
Miami Beach
2,584
median $625K
Active
Same type
Commercial
164
median $1.9M
Active
Similar price
$2.4M – $4.4M
225
median $3.1M
Active

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: Brickell Realty Group, LLC