KLIMA opens in South Beach in former Tosca, Eden, Talula space

Owners from Spain spent more than $1 million on remodeling

TRD MIAMI /
Mar.March 13, 2015 02:15 PM

Years in the making, KLIMA Restaurant and Bar has opened in the Collins Avenue area of South Beach, offering Spanish cuisine from Barcelona.

The restaurant, at 210 23rd Street, is close to several upscale hotels on Collins Avenue in the historic district, including the W South Beach, the Setai Miami Beach, and the soon-to-open Hotel & Homes South Beach, developed by Richard LeFrak.

KLIMA’s co-founders, Pablo Fernández-Valdés and Yago Giner, told The Real Deal that they have spent more than $1 million renovating the 70-seat restaurant property, which includes 5,200 square feet of indoor and outdoor patio dining areas. The asking rent was more than $40 per square foot, said Fernández-Valdés and Giner, who were the former CEO and COO of the Grupo Tragaluz hospitality corporation in Spain.

In recent years, the space has seen several restaurants come and go, including Tosca, Eden and Talula.

The commercial building is owned by Shalom and Nelly Yefet, who purchased it in January 1993 for 195,000, according to Miami-Dade property records.

“We are very pleased to finally welcome guests to our inaugural restaurant project that we have been developing over the last two years,” Managing Partner Fernández-Valdés said in a statement.


Related Articles

arrow_forward_ios
955 Alton Road (Credit: Google Maps)

Jimmy Resnick sells Alton Road retail building for $9M

Jimmy Resnick sells Alton Road retail building for $9M
Rendering of Rooftop Cinema Club at 1212 Lincoln and Russell Galbut

Russell Galbut’s Crescent Heights wants a rooftop movie theater at 1212 Lincoln project

Russell Galbut’s Crescent Heights wants a rooftop movie theater at 1212 Lincoln project
Alan Lieberman with Chesterfield Hotel South Beach at 855 Collins Avenue and Riviera Loft Hotel at 2000 Liberty Avenue

Alan Lieberman’s South Beach Hotel Group lays off 700

Alan Lieberman’s South Beach Hotel Group lays off 700
Jeffrey Dagowitz, Ophir Sternberg and 100 21st Street (Credit: Getty Images, Google Maps)

Lionheart and Jeffrey Dagowitz sell Seagull Hotel Miami Beach for $120M

Lionheart and Jeffrey Dagowitz sell Seagull Hotel Miami Beach for $120M
Susan Gale and the South Beach hotels

South Beach hotels hit the market for $24M

South Beach hotels hit the market for $24M
Multiplan launches sales of boutique luxury condo project on Ocean Drive

Multiplan launches sales of boutique luxury condo project on Ocean Drive

Multiplan launches sales of boutique luxury condo project on Ocean Drive
Continuum South Beach unit 606 and Dan Buettner (Credit: Douglas Elliman)

Is it the water? Longevity expert buys Continuum South Beach condo

Is it the water? Longevity expert buys Continuum South Beach condo
Steve Klein, David Berg and 1200 Ocean Drive 

Infinity sells Ocean Drive building to Apple Core for $33M

Infinity sells Ocean Drive building to Apple Core for $33M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...