228 NE 1st Avenue Miami, FL $ 79,000
228 NE 1st Avenue
$ 79,000
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228 NE 1st Avenue

Miami, FL, 33132
$ 79,000
Bedrooms-- Baths--

Monthly Estimate*

$ 486

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Commercial Property for sale in Miami, FL

for $79,000. This building was built in 1926.

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.

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Commercial Active

Price

$ 79,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1926

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

F10556560

Features
General
Cooling Central Air
Year Built 1926
Electric 110 Volts 3 Phase 220 Volts
Business Type Commercial
County Miami-Dade
Insurance Expense 300
Property Type Business Opportunity
Status Active
Directions GPS
City Miami
MLS Area 2110
Virtual Tour https://www.propertypanorama.com/228-NE-1st-Ave-Miami-FL-33132/unbranded
Standard Status Active
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Parking Features Common
Lot Features City Lot Residential Lot
Total Parking 50
Waterfront Y/N false
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* Excluded Features
List By
Massimo Guarnera

Listing Agent

Affordability Calculator

$486
Per Month
100%
0%
0%
Monthly Principal & Interest
$486
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$79,000 -20.20% Price Down
4/14/2026$99,000 -23.26% Price Down
3/24/2026$129,000 -13.42% Price Down
3/19/2026$149,000 -17.22% Price Down
3/6/2026$180,000 Listed Price

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228 NE 1st Avenue, Miami, FL, 33132 is a Commercial Property for sale at $79,000. 228 NE 1st Avenue was built in 1926. The property's zip code is 33132 which is in Miami, FL