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    2995 163 St North Miami Beach, FL 33160

    Sponsored
    For Sale
    $310,000

    Turn-key Restaurant, Prime Location, Established Clientele

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turn-key restaurant opportunity in North Miami Beach, Florida, is priced at $310,000. Located at 2995 NE 163rd St, zip code 33160, in Miami-Dade County, this established eatery boasts a loyal customer base and a prime location. Built in 1966, the property is categorized as retail, specifically a restaurant business. The fully equipped kitchen is ready for immediate operation, eliminating the need for extensive renovations or equipment purchases. The beautifully designed dining area provides a welcoming atmosphere for patrons. This well-established restaurant offers a unique opportunity to acquire a thriving business with a proven track record of success in the Kosher cuisine market. The existing infrastructure and loyal clientele provide a solid foundation for continued growth and profitability. The restaurant's reputation for culinary excellence within the community ensures a steady stream of customers. This is a rare chance to own a successful, established business in a desirable location, ready to generate income from day one. The property's location in North Miami Beach offers excellent visibility and accessibility. This is an ideal opportunity for an experienced restaurateur looking to expand their portfolio or an ambitious entrepreneur seeking a profitable venture in the thriving North Miami Beach culinary scene.

    Property Features for 2995 163 St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1966

    HighLights

    • Turn‑key restaurant for sale in North Miami Beach, FL for $310,000.
    • Located at 2995 NE 163rd St, Miami‑Dade County, FL 33160.
    • Established restaurant with loyal customer base in a prime location.
    • Fully equipped kitchen ready for immediate operation.
    • Kosher restaurant with a proven track record of success.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1406886
    Latitude
    25.9270734

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    FAQs

    What type of property is this?
    Restaurant - Turn-key Restaurant, Prime Location, Established Clientele
    Where is this restaurant located?
    The property is located at 2995 163 St North Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $310,000.
    What are key features of this property?
    This property features: Turn-key restaurant for sale in North Miami Beach, FL for $310,000.; Located at 2995 NE 163rd St, Miami-Dade County, FL 33160.; Established restaurant with loyal customer base in a prime location.
    Request Owner's contact information
    2995 163 St North Miami Beach, FL 33160
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    North Miami Beach, FL 33160
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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
    2995 163 St North Miami Beach, FL 33160
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