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    660 167Th St Miami, FL 33162

    Sponsored
    For Lease
    $18 SF/Yr

    Turnkey Restaurant, Prime Miami Location. Flexible Lease Terms.

    Lot size:
    3,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity is located at 660 NE 167th St, Miami, FL 33162. The property consists of a combined 3,050 square foot space, previously two units, now seamlessly integrated for optimal restaurant functionality. The building is a single-story structure with a 50-foot frontage, offering excellent street visibility and accessibility. Recent renovations include updated bathrooms and flooring, ensuring a clean and move-in ready condition. The property features both front and rear entrances, enhancing convenience for both customers and staff. Ample parking is available at the rear of the building. The zoning designation is 6400. The APN is 30-22-18-003-0040. This location boasts high traffic volume due to its proximity to 6th Avenue and 167th Street in Miami. Owners are offering flexible lease terms, making this an attractive proposition for prospective restaurant owners. The property is ready for immediate occupancy and presents a fantastic opportunity to establish a thriving culinary business in a vibrant Miami neighborhood.

    Property Features for 660 167Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,050 SF

    Building Details

    Buildings
    660
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,050 SF
    Rate per SF
    $18

    HighLights

    • 3,050 SF restaurant space at 660 NE 167th St, Miami, FL 33162.
    • Single‑story building with 50‑foot frontage, excellent street visibility.
    • Recently renovated with updated bathrooms and flooring.
    • Front and rear entrances, ample rear parking.
    • High traffic location near 6th Avenue and 167th Street; flexible lease terms.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.1870635
    Latitude
    25.9284376

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Prime Miami Location. Flexible Lease Terms.
    Where is this restaurant located?
    The property is located at 660 167Th St Miami, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 3,050 SF restaurant space at 660 NE 167th St, Miami, FL 33162.; Single-story building with 50-foot frontage, excellent street visibility.; Recently renovated with updated bathrooms and flooring.
    Request Owner's contact information
    660 167Th St Miami, FL 33162
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    Miami, FL 33162
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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
    660 167Th St Miami, FL 33162
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