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Established Smoke Lounge
For Sale
$575,000

Miami, FL 33127, Miami, FL 33127

Business Opportunity, Miami, FL

Property SizeContact for details
Days on Market52

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Security features Security
Subdivision 31
Standard status Active

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air
Water source Public
Listing Agency: U.S.A. Lending & Realty, Inc.
Listed By: Zena Bardawell · License #0692881
Added: Aug 19 Changed: Oct 8 Last Checked: Oct 9 at 1:06PM
MLS# A11990324

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.

Investment Insights

Based on property information with market context.

This established smoke lounge business has operated for 10 years and occupies an approximately 3,000-square-foot location. The operation is fully functional, serves customers during evening and late-night hours, and is currently managed by an absentee owner. Central air conditioning, electric and central heating, public water, and public sewer are in place.

The business operates from 6PM to 2AM and is located in Wynwood, within Miami, Florida. The property information identifies hookah service as part of the operation. A neighboring party has submitted a written offer to lease approximately 300 square feet for storage, creating a potential supplemental use for part of the location.

Key Highlights

  • 10‑year established smoke lounge business
  • Approx. 3,000 sq ft location
  • Operating hours from 6PM‑2AM

Property Analytics

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Current Use

Bars & Pubs

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,592
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Fully operational lounge business with evening hours, central air, and public utilities.
Where is this bar & pub located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 10‑year established smoke lounge business; Approx. 3,000 sq ft location; Operating hours from 6PM‑2AM
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