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    18200 147Th Ave Miami, FL 33187

    For Sale
    $650,000

    Italian/Peruvian Fusion, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This thriving Italian/Peruvian fusion restaurant and bar, located at 18200 SW 147 Ave in Kendall, Florida (zip code 33187), presents a unique investment opportunity. Built in 2014, the establishment boasts a substantial 206-seat capacity, encompassing both a spacious dining area and a lively bar and lounge. The property is situated in a high-growth area of Miami-Dade County, benefiting from its strategic location near major attractions such as Costco and Tamiami Airport. The restaurant is part of a bustling commercial plaza, enjoying the advantages of high foot traffic and proximity to other established businesses, including a Publix supermarket. This ensures a consistent flow of potential customers and contributes to a strong, established clientele. The asking price for this turnkey operation is $650,000. The property's prime location within a thriving commercial center, coupled with its impressive seating capacity and established reputation, makes it an exceptional opportunity for a discerning investor seeking a profitable and well-positioned restaurant and bar business in the heart of Southwest Miami. The property is classified as retail, offering a versatile space with significant potential for continued growth and success.

    Property Features for 18200 147Th Ave

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    2014
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurant Italiano Restaurant Brasero’s Restaurant & Bar Italian Restaurant Julian Brothers Hair ... Barber Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4304897
    Latitude
    25.5976277

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    FAQs

    What type of property is this?
    Restaurant - Italian/Peruvian Fusion, High-Traffic Location
    Where is this restaurant located?
    The property is located at 18200 147Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $650,000.
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    18200 147Th Ave Miami, FL 33187
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    Miami, FL 33187
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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
    18200 147Th Ave Miami, FL 33187
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