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$300,000

  • For Sale
  • Active
  • Business
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MIAMI BEACH PRIME LOCATION (next to Five Guys) Mediterranean street food restaurant For Sale - SPITFIRE, generating $50,000/month in gross sales with $75k annual rent. This established business comes with a 5+5 year lease (2024-2029+) and an attractive asking price of $330,000. for a total of indoor and outdoor space of 1,300 sqft and 30 approved seats. Located in a high-traffic area on the corner of Washington Ave, Miami Beach, neighbors with FiveGuys Fast Food Restaurant & Taco-Rico Mexican Restaurant. It's fully equipped with a grease trap and hood, allowing easy transition to any food and beverage concept. The sale includes the existing LLC, complete with a valid restaurant business license, a seamless opportunity for an owner-operator or investor.

Full Property Details for 405-407 15th St

General

  • Price: $300,000
  • Status: Active
  • Type: Business
  • Source: Greater_Miami
  • MLS ID: A11889140
  • Updated: 12/12/2025
  • Added to Site: 109 day(s) ago

Business

  • Business Type: Business, Food & Beverage, Restaurant
  • Year Established: 2024

Location

  • County: Miami-Dade County

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Individual A/C
  • Heating Type: Central Individual A/C

Structural Information

  • Structure Type: Commercial
  • Detached/Attached: Detached

Financial Considerations

  • Insurance Fee: $1,000
  • Terms: All Cash, Conventional/Refinance, Owner Will Carry, Secondary Financing

Disclosures and Reports

  • Documents Avail.: Books & Records, Contracts, Financial Statement, Inventory, Copy Of Lease(S), Training Program
  • Inclusions: Business Only

Listed by Related ISG Realty, LLC.

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Listing agents

— 405-407 15th St —

  • Related ISG Realty, LLC.

  • Related ISG Realty, LLC.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 405-407 15th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$300,000
-9.09%
MLS
10/02/2025
Listed
$330,000
-81.03%
MLS
10/27/2003
Sold
$1,740,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 405-407 15th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$64,829
—
$3,611,962
1%
2023
$64,724
-5%
$3,590,127
1%
2021
$68,034
14%
$3,550,950
-1%
2022
$59,853
-13%
$3,590,468
1%
2021
$68,562
6%
$3,551,202
7%
2019
$64,711
8%
$3,314,190
10%
2018
$60,194
3%
$3,012,900
-16%
2017
$58,181
-8%
$3,600,000
12%
2016
$62,969
4%
$3,206,500
10%
2015
$60,683
-5%
$2,915,000
-5%
2014
$63,583
9%
$3,083,927
10%
2013
$58,583
—
$2,803,570
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Related ISG Realty, LLC.

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405-407 15th St, Miami Beach, FL 33139 (MLS# A11889140) is a Business property. 405-407 15th St is currently listed for $300,000 and was received on October 02, 2025. Want to learn more about 405-407 15th St? Do you have questions about finding other Business real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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