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Built-Out Commercial Kitchen Condominium
For Sale
$1,350,000

9059 SW 73rd Ct, Miami, FL 33156

Ground-floor commercial kitchen with bakery infrastructure, transferable permits, and customer-facing storefront exposure.

Property Size1,600 SF
Price / SF$843.75
Days on Market70

Property Features for 9059 SW 73rd Ct

General Information

Standard status Active
Size 1,600 SF

Additional Details

Floor Ground
Business Included Yes
Sprinkler System Yes

Building Details

Year Built 2006
Tenancy Single
Listing Agency: APEX Capital Realty LLC
Listed By: Tatiana Escobar · License #3280000
Source: Chenoregroup
Added: Aug 5 Changed: Oct 9 Last Checked: Oct 12 at 11:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX Capital Realty LLC

Investment Insights

Based on property information with market context.

This 1,600-square-foot ground-floor commercial condominium is configured as a fully equipped bakery operation. Improvements include a Type 1 hood with fire suppression, bakery ovens, proofers, preparation stations, refrigeration, display cases, a POS system, and customer seating. Active Health Department permits are transferable. The sale also includes the operating business, established brand, recipes, equipment, trained staff, vendor relationships, customer database, and goodwill, along with a structured transition and training period.

The property is located at 9059 SW 73rd Ct within Metropolis at Dadeland, a 397-unit mixed-use tower completed in 2006. The surrounding setting includes residential density, nearby office towers, Dadeland Mall, and Metrorail, with the condominium positioned on the ground floor for storefront exposure. The space may also accommodate medical office, wellness and beauty, boutique professional office, or service-oriented retail concepts, as identified in the property information.

Key Highlights

  • 1,600 SF ground‑floor commercial condominium
  • Type 1 hood and fire suppression system installed
  • Bakery ovens, proofers, prep stations, refrigeration, and display cases included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,601
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,020 $1.5M
Cap Rate 7%
$1,080,014 $1.1M
Cap Rate 9%
$840,011 $840.0K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$102.3K $63.96/SF
− Vacancy
−$1.5K −$0.96/SF
EGI
$100.8K $63.00/SF
− OpEx
−$25.2K −$15.75/SF
NOI
$75.6K $47.25/SF
Area
Miami, FL
Vacancy
1.50%
Lease Rate
$63.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,512,020
Cap Rate 7%
$1,080,014
Cap Rate 9%
$840,011

Alternative Uses

Best Use
Specialty Retail
$1.08M
$945.0K – $1.26M (±1% cap)
NOI $75,601 @ 7.0% cap · market cap 5.60%
Second Best
Retail
$745.7K
$652.5K – $870.0K (±1% cap)
NOI $52,201 @ 7.0% cap · market cap 3.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

ChutePlus HVAC Service Chwa Kendall Restaurant Mr. Baker Restaurant APULIA SUD ITALIA Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Florist Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,950
Businesses Nearby

Demographics for 33156, FL

34,036
Population
13,215
Households
2.6
Avg Household Size
42
Median Age
66%
College-Educated
97%
High-School Grad
13.9 sq mi
ZIP Area
2,449
Density / Sq Mi
$134,720
Median Household Income
$66,117
Median Earnings
$1,936
Median Rent
$1,063,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Ground-floor commercial kitchen with bakery infrastructure, transferable permits, and customer-facing storefront exposure.
Where is this commercial kitchen located?
The property is located at 9059 SW 73rd Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1,600 SF ground‑floor commercial condominium; Type 1 hood and fire suppression system installed; Bakery ovens, proofers, prep stations, refrigeration, and display cases included
More about this property
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