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    791 20Th St Miami, FL 33127

    For Lease
    $0.22 SF/Yr

    Prime Miami restaurant space, single tenant, 3000 sq ft.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 3,000 square foot restaurant property located at 791 NW 20th St, Miami, FL 33127, presents a unique investment opportunity. The property is zoned D2 and features a single tenant occupancy within a 3,000 square foot building. The property's Assessed Parcel Number (APN) is 01-31-26-017-0110. Its prime location in Miami offers excellent visibility and accessibility, making it ideal for a thriving culinary business. The property's substantial size allows for a versatile layout, catering to various restaurant concepts. The ample space provides opportunities for both indoor and outdoor dining experiences, potentially including al fresco seating or event hosting capabilities. This turnkey restaurant space is ready for immediate occupancy, offering a significant advantage for a quick start-up or relocation. The property's strategic location within Miami's dynamic culinary landscape ensures high foot traffic and exposure to a diverse customer base. This is a rare chance to acquire a well-situated, established restaurant space in a thriving market. Don't miss this chance to establish or expand your culinary venture in a prime Miami location.

    Property Features for 791 20Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    55

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $0.22

    HighLights

    • 3,000 square feet ± building size.
    • 8,481 square feet ± lot size.
    • $55 per square foot, NNN lease rate.
    • D2 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oak Garden Miami Bar & Grill Fertile Earth Foundation Association Or Organization

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2088363
    Latitude
    25.7954673

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    FAQs

    What type of property is this?
    Restaurant - Prime Miami restaurant space, single tenant, 3000 sq ft.
    Where is this restaurant located?
    The property is located at 791 20Th St Miami, FL.
    What is the lease rate?
    The lease rate is $0.22 SF/Yr.
    What are key features of this property?
    This property features: 3,000 square feet ± building size.; 8,481 square feet ± lot size.; $55 per square foot, NNN lease rate.
    Request Owner's contact information
    791 20Th St Miami, FL 33127
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    Miami, FL 33127
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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
    791 20Th St Miami, FL 33127
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