1111 SW 1, Miami FL 33130, MIAMI, FL, 33130
Active50 days on marketListed Jun 22, 2026MLS #A12041275
About this property
The property at a glance
Opportunity to purchase a successful restaurant in the heart of Brickell, one of Miami’s most desirable submarkets. This offering includes the existing tenant’s leasehold interest, together with the furniture, fixtures, and equipment currently in place, allowing for a much easier transition compared to building a restaurant from scratch. The space is fully built out as a restaurant with hood and grease trap. This is an ideal opportunity for an experienced restaurant operator, hospitality group, or brand looking to enter Brickell without the long delays and high costs typically associated with building a new restaurant from the ground up. The restaurant has history of strong performance, with gross sales exceeding $2 million year after year. The business name and trademark are not included in the sale, giving a new operator the flexibility to introduce a new concept, launch a new brand, or expand an existing restaurant chain. The restaurant is located on the ground floor of a high-rise multifamily building and is surrounded by residential towers, hotels, office buildings, and strong pedestrian activity. The site is within a few blocks of Mary Brickell Village, Brickell City Centre, and South Miami Avenue, placing it in the center of one of Miami’s most active dining and lifestyle districts. Seller is seeking $625,000 as key money for the lease assignment. The existing lease has approximately five years remaining, plus one additional five-year renewal option.
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Lot sq ft
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
$3,543/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 Lacie 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
54,255
Population
$39,361
Median income
44
Median age
2
Avg household
$454,868
Median home value
$1,366/mo
Median rent
5,256
Households w/ kids
Consumer profile
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.
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.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 1111 SW 1
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,900
306 alcazar ave # 205, Coral Gables FL 33134
Sold Jun 16, 2026
$1,025,000
432 NW 12th Ave, Miami FL 33128
Sold Jun 18, 2026
$55
2100 Ponce De Leon Blvd # 600, Coral Gables FL 33134
Sold May 25, 2026
Your team
The pros in your corner
Your agent
Lacie Springstead
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1111 SW 1 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1111 SW 1.
See it in person
Schedule a tour
Live availability from Lacie's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Fortune Christie's Intl R.E. · Ricardo Du Pond. MLS #A12041275.
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®.
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