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    148 167Th St Miami, FL 33169

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    Established Restaurant, Fully Equipped, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This turnkey restaurant opportunity in Miami, Florida, is ideally situated at 148 NW 167th St, 33169, within a bustling hotel. The 3,000 square foot space boasts a fully equipped commercial kitchen with hood system, and includes a bar area conveniently located near the hotel entrance. Built in 1971, this restaurant benefits from excellent visibility and high traffic counts, making it an attractive proposition for a variety of restaurant concepts. The location offers strong potential for delivery, catering, and corporate business, with opportunities to increase revenue through targeted marketing efforts to nearby businesses, schools, and churches. The asking price is $150,000 for key money, plus a monthly rent of $12,770. Moving in requires first month's rent, last month's rent, and a two-month security deposit. This prime location in Miami-Dade County presents a compelling investment opportunity for the right restaurateur.

    Property Features for 148 167Th St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1971

    HighLights

    • Turnkey restaurant, 3,000 sq ft, fully equipped kitchen & bar, Miami, FL.
    • Located at 148 NW 167th St, Miami, FL 33169, within a bustling hotel.
    • Excellent visibility & high traffic counts.
    • $150,000 key money + $12,770/month rent; requires first/last month's rent & two‑month security deposit.
    • Strong potential for delivery, catering & corporate business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Mart Gas Station קייטרינג מיאמי Caterer Jerusalem Mama kosher Catering Food And Drink Supplier Gourmet 7 Caterer Yo-Chef Caterer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2030125
    Latitude
    25.9277496

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Fully Equipped, High Traffic Area
    Where is this restaurant located?
    The property is located at 148 167Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $12,770.
    What are key features of this property?
    This property features: Turnkey restaurant, 3,000 sq ft, fully equipped kitchen & bar, Miami, FL.; Located at 148 NW 167th St, Miami, FL 33169, within a bustling hotel.; Excellent visibility & high traffic counts.
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    148 167Th St Miami, FL 33169
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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
    148 167Th St Miami, FL 33169
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