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    7406-7400 8Th St Miami, FL 33144

    For Sale
    $800,000

    Established eatery, high traffic area, owner financing.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This thriving restaurant located at 7406-7400 SW 8th St, Miami, FL 33144, presents a unique investment opportunity. Built in 1954, this retail property is priced at $800,000. The business boasts a loyal customer base and consistent clientele, thanks to its inviting atmosphere and excellent service. Its prime location ensures high visibility and significant foot traffic. The sale includes a fully equipped restaurant, ready for immediate operation, along with established staff. This turnkey operation is ideal for both experienced restaurateurs and first-time business owners. The current lease will be transferred to the new owner. The seller is also open to owner financing options, making this an attractive proposition. Showings are by appointment only

    Property Features for 7406-7400 8Th St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1954

    HighLights

    • Turnkey restaurant for sale at $800,000.
    • Located at 7406‑7400 SW 8th St, Miami, FL 33144.
    • Established clientele and high foot traffic in a prime location.
    • Fully equipped and ready for immediate operation.
    • Existing lease transferrable; owner financing considered.
    • Showings by appointment only.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.31602
    Latitude
    25.762421

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, high traffic area, owner financing.
    Where is this restaurant located?
    The property is located at 7406-7400 8Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Turnkey restaurant for sale at $800,000.; Located at 7406-7400 SW 8th St, Miami, FL 33144.; Established clientele and high foot traffic in a prime location.
    Request Owner's contact information
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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
    7406-7400 8Th St Miami, FL 33144
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