Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Completely Remodeled Restaurant on 184th Street off The Turnpike Cutler Bay, FL 33157

    View on Map
    For Sale
    $99,000

    Business Opportunity - Cutler Bay, FL

    Property size:
    1,181 SF
    Added:
    Mar 25, 2026
    Days on Market:
    10
    Last Refresh:
    Apr 3 at 3:06 pm

    Property Features for Completely Remodeled Restaurant on 184th Street off The Turnpike

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    7061 UC CENTER - IND
    Standard status
    Active
    APN
    30-60-06-053-0030
    Size
    1,181 SF

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Antonio Cristobal
    Antonio Cristobal

    Listing agent Antonio Cristobal License #3253230

    Listing office Real Estate Sales Force 814 Ponce De Leon Blvd, Coral Gables, FL

    Listing date Mar 25, 2026

    MLS# A11989324 Listing URL

    Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cutler Bay Restaurant Opportunity

    This is an opportunity to own a newly renovated restaurant in Cutler Bay, Florida. The restaurant space is 1,181 square feet and features a recent renovation completed one year ago. The property is available with a long-term lease at a rate of $3,200 per month. The property is located on 184th Street off The Turnpike in Cutler Bay, FL 33157. The zoning is 7061 UC CENTER - IND. The property presents potential for future growth through a franchise purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Map

    City
    Cutler Bay
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3427
    Latitude
    25.6064

    Nearby Similar for Sale

    • $434,900

      Cutler Bay Office For Sale

      Well-located commercial property with owner financing and income potential.
      10393 SW 186th St, Cutler Bay, FL 33157
      View Details
    • $1,300,000

      Turnkey Marine Business and Warehouse

      Fully A/C warehouse with established marine business in Cutler Bay.
      10754 SW 188 St, Cutler Bay, FL 33157
      View Details
    • $80,000

      Cutler Bay Business Opportunity

      Established business for sale in Cutler Bay, Florida.
      20551-B OLD Cutler RD, Cutler Bay, FL 33189
      View Details
    • $35,000

      Turnkey Boba & Açaí Business

      Profitable boba tea and açaí business with storefront and food truck.
      Boba Tea,Açaí Bowl & Sangucheria For Sale In Cutler Bay, Cutler Bay, FL 33170
      View Details
    • $810,000

      Medical Clinic Business Opportunity

      Fully operational medical clinic with active patients and insurance contracts.
      Medical Office Business for Sale, Cutler Bay, FL 33189
      View Details
    • $145,000

      Signage Manufacturing Business Opportunity

      Established signage manufacturing business for sale in Cutler Bay, Florida.
      19200 SW 106th Ave #5, Cutler Bay, FL 33176
      View Details
    • $250,000

      Established Restaurant Franchise Opportunity

      Restaurant franchise for sale in a well-known South Florida mall.
      Cutler Bay, FL 33189
      View Details
    • $1,800

      Modern Office Space Available

      Modern commercial office space in prime location, ideal for professionals.
      10460 Sw 186th St, CUTLER BAY, FL, 33157-6701
      View Details
    • $3,000,000
      6,140 SF

      Renovated Enclosed Property For Sale

      Renovated 6,140 SF building with paved yard for sale.
      18631-18633 SW 105th Ave, Cutler Bay, FL
      View Details
    • Contact for pricing
      7,450 SF

      Miami Warehouse Condo Bays

      Two adjoining warehouse condo bays totaling 7,450 square feet.
      10338 SW 187th St #5, 10356 SW 187th St # 14, Cutler Bay, FL 33157
      View Details
    • $822,000
      2,545 SF

      Converted Duplex Ready for Next

      Fully renovated duplex ideal for investors or flexible living.
      20075 SW 87th Pl, Cutler Bay, FL 33189
      View Details
    • $4,050,000
      17,734 SF

      Multi-Tenant Industrial Property For Sale

      17,734 SF industrial property with flexible layout and month-to-month leases.
      10401-10409 SW 186th St, Cutler Bay, FL
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Recently renovated restaurant space for sale in Cutler Bay, FL.
    Where is this conventional restaurant located?
    The property is located at Completely Remodeled Restaurant on 184th Street off The Turnpike Cutler Bay, FL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Newly renovated restaurant space, only one year old.; Attractive monthly rent of $3,200.; Long‑term lease available.
    (786) 457-3211
    We can help!
    Listing Contact
    Antonio Cristobal
    Antonio Cristobal
    Real Estate License ID: 3253230
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!