405 15th St, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active128 days on marketListed Apr 2, 2026MLS #A11994384
About this property
The property at a glance
Prime Miami Beach restaurant opportunity located in a high-traffic corridor just steps from Washington Ave. This well-established Mediterranean/Turkish concept offers strong visibility, consistent foot traffic, and a turnkey operation ideal for an owner-operator or experienced investor. The business features approximately 30 seats (15 indoor and 15 outdoor) within an efficiently designed layout, making it highly manageable while maximizing revenue potential. The space is fully built out with a commercial kitchen, hood system, grease trap, refrigeration, and all essential equipment in place, allowing for immediate operation with minimal additional investment. Strong reported gross sales averaging approximately $60,000+ per month, with financials available for qualified buyers upon request. Positioned in one of Miami Beach’s most active dining and dining corridors, the location benefits from constant pedestrian flow and surrounding national and local brands. The versatile setup supports continued operation of the existing concept or a seamless transition to a new food and beverage concept, subject to landlord approval. Long-term lease structure provides stability and future upside, making this an attractive opportunity for both hands-on operators and strategic buyers looking to enter or expand within the Miami Beach market.
0
Lot sq ft
Commercial
Zoning
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,616/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
23,083
Population
$70,404
Median income
41
Median age
2
Avg household
$377,608
Median home value
$1,724/mo
Median rent
1,591
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Recent sales
What actually sold near 405 15th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,855,000
841 W 40th St, Miami Beach FL 33140
Sold Nov 21, 2025
$46
410 W 41st St # 403, Miami Beach FL 33140
Sold Oct 1, 2025
$155,000
1200 West Ave, Miami Beach FL 33139
Sold Apr 17, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 405 15th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 405 15th St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of The Keyes Company · Onur Deniz. MLS #A11994384.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New MIAMI BEACH listings, in your inbox
A daily digest of every new listing in MIAMI BEACH — straight from the MLS, hours after it goes live. Unsubscribe anytime.