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    784 84 St Miami Lakes, FL 33014

    Sponsored
    For Sale
    $899,000

    Profitable Banquet Hall, Turnkey Sale

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey business opportunity in Hialeah, Florida, presents a unique chance to acquire a well-established banquet hall. Located at 784 W 84th St, Miami-Dade County, this 1968-built retail property is priced at $899,000. The business is perfectly suited for weddings, parties, quinceañeras, and children's events, offering a versatile space for a wide range of celebrations. The sale includes all existing inventory, ensuring a seamless transition for the new owner. The property's prime location in Hialeah, within easy reach of Miami Lakes, provides excellent accessibility and visibility. This is a rare opportunity to own a thriving, established business with significant potential for continued growth and profitability. The property is situated in the 33014 zip code, offering convenient access to major transportation routes and a diverse customer base. This turnkey operation eliminates the need for extensive setup and allows for immediate revenue generation. Don't miss this chance to acquire a profitable and established business in a high-demand market. The property's existing infrastructure and established clientele provide a solid foundation for future success. Serious inquiries are encouraged.

    Property Features for 784 84 St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1968

    HighLights

    • $899,000 asking price.
    • Retail business property.
    • Built in 1968.
    • Located at 784 W 84th St, Hialeah, FL 33014, in Miami‑Dade County.
    • Established banquet hall business included, ideal for weddings, parties, and children's events.
    • All inventory included in sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Miami Lakes
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2995906
    Latitude
    25.8984106

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    FAQs

    What type of property is this?
    Retail property - Profitable Banquet Hall, Turnkey Sale
    Where is this retail property located?
    The property is located at 784 84 St Miami Lakes, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: $899,000 asking price.; Retail business property.; Built in 1968.
    Request Owner's contact information
    784 84 St Miami Lakes, FL 33014
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    Miami Lakes, FL 33014
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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
    784 84 St Miami Lakes, FL 33014
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