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    13376 288Th St Homestead, FL 33033

    For Sale
    $149,900

    High-income, established food business for sale.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This established, profitable food business in Homestead, Florida, presents a unique investment opportunity. The current owner is retiring, making this turnkey operation available for purchase at $149,900. The business boasts a strong annual net income of $81,000, readily verifiable upon request. The business model is currently focused on takeout orders, offering potential for expansion and increased revenue streams. A significant advantage is the existing lease, which has four years remaining, providing stability and predictability for the new owner. The monthly rent is $2,434.65. This business is also uniquely positioned to potentially qualify for visa applications, presenting an additional avenue for future growth and investment. Financial records substantiating the claimed net income are available for review during the due diligence process. This is a rare chance to acquire a well-established, profitable business with a proven track record and significant upside potential. Serious inquiries only. All financial information will be disclosed to qualified buyers with a signed non-disclosure agreement.

    Property Features for 13376 288Th St

    General Information

    Property type
    Investment properties
    Property Profile Location Intelligence

    Current Use by Public Records

    El Ramalito Colombian Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homestead
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.40654
    Latitude
    25.49902

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    FAQs

    What type of property is this?
    Investment property - High-income, established food business for sale.
    Where is this investment property located?
    The property is located at 13376 288Th St Homestead, FL.
    What is the asking price?
    The asking price for this property is $149,900.
    (786) 704-6407
    Request Owner's contact information
    13376 288Th St Homestead, FL 33033
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    Homestead, FL 33033
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    Realmo Value Estimation

    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.

    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.

    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
    13376 288Th St Homestead, FL 33033
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