Listing Agency: Azul Realty Group, LLC k***@azulrealty.net Show Phone

Listed By: Karla Hernandez · License #3352427

Source: Crexi

Added: Apr 12 Changed: Jul 10 Last Checked: Aug 4 at 2:50PM

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Investment Insights

Based on property information with market context.

This established and profitable restaurant is located on the busy 8th Street. The fully equipped and furnished restaurant has been in business for over 18 years and has an established clientele. Karaoke nights are hosted on Thursdays and Fridays, and comedian shows are presented on Mondays, Wednesdays, and Fridays. The current staff is willing to stay for a smooth transition.

Key Highlights

• Established and profitable restaurant business.
• Fully equipped and furnished, ready for new ownership.
• Active in business for over 18 years with established clientele.

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,941

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 33144, FL

25,814

Population

9,665

Households

2.7

Avg Household Size

48

Median Age

28%

College-Educated

80%

High-School Grad

3.1 sq mi

ZIP Area

8,327

Density / Sq Mi

$59,207

Median Household Income

$35,051

Median Earnings

$1,730

Median Rent

$440,600

Median Home Value

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?

Conventional restaurant - Profitable, fully equipped restaurant with established clientele on busy street.

Where is this conventional restaurant located?

The property is located at 8586 SW 8 ST Miami, FL.

What are key features of this property?

This property features: Established and profitable restaurant business.; Fully equipped and furnished, ready for new ownership.; Active in business for over 18 years with established clientele.