For sale -- a nice part of the Grove history
Is Monty's for sale? This commercial listing just came up for 2550 South Bayshore Drive in the Grove.It's listed as a Special Purpose Marina, 30,000 square feet, 2 acres. The price is not disclosed.
The listing goes on to say: "Fabulous Marina/Restaurant Office on Beautiful Biscayne Bay. Property offers superlative state-of-the-art marina with 150 Slips, showers and restrooms; 24,000 office space, 8,000 sq ft restaurant, 20,000 sw ft outdoor raw bar. Strong financial performance. MARINA MAY BE PURCHASED SEPARATELY."
For more information, please call Alvaro at 786-287-4422. The photo above was taken from the listing.
posted by Tom Falco at 12:48 PM
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6 Comments:
I'll start the bidding at $75. :)
Oh no! That is sad sad news to me :( It's a Grove staple!
MEMO TO SELF!
If they sell Monty's, where will Joe Arriola and I meet? There are not that many establishments with booths in dark corners.
MEMO TO SELF!
I thought part of Monty's belonged to the City?
Monty's Raw Bar
2550 S Bayshore Dr
Miami, FL 33133-4743
Phone: (305) 856-3992
it is Monty's
I believe that the city owns all the property, and Monty's leases from the city (which is why Manny had to wash his hands of the business). The original deal was that the city would get a percentage of sales (I don't know what the deal is now.) At one point, when Terremark (Manny Medina)owned the business, they rented the property from the city, then rented the business to someone else. The city was paid a percentage of the lowered rent and not a percentage of sales.
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