Finnegan's Bar in Brickell Sold for $11.5 Million
Jul 15, 2014 July 15, 2014
The popular Finnegan's River sports bar at 401 Southwest Third Avenue in the Miami River area has been sold.
Meyer Chetrit, owner of New York-based development firm, CG Miami River, purchased the bar and its respective property for $11.5 million.
Chetrit plans on building a condo tower on the site.
The property, which boasts 39,495 square-feet of land, a 10,871 square-foot bar, and a pool along the river, was sold to CG by Ocean Drive Clevelander, a firm led by Anthony Karpawich.
Sources say that the Chetrit Group has already submitted plans to the Miami River Commission to construct a 60-story condo with 1,449 condo units, a marina, and a hotel as well.
Finnegan's River sports bar has a few locations, including one in New Orleans, and the Miami Beach area. They are known for their sporting event hangouts, while also just being a fun place to have a drink. They have riverside seating, dock space, and DJ's playing on certain nights.