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    47Th St Miami, FL 33155

    Sponsored
    For Sale
    $140,000

    Turnkey Restaurant, Prime Miami Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This fully equipped Miami restaurant and bar is priced to sell at $140,000. Located on 47th Street in Miami-Dade County, Florida (zip code 33155), this prime location offers easy access to the Palmetto Expressway. The property boasts a fully equipped commercial kitchen, ready for immediate operation, including a 750-gallon grease trap and 18 feet of extraction. All necessary permits are up-to-date, and the space features air conditioning and a walk-in refrigerator. The affordable rent makes this an exceptional opportunity for entrepreneurs and established food businesses seeking a turnkey solution. The existing infrastructure eliminates the need for extensive renovations or permitting delays, allowing for a swift and efficient start to operations. This is an ideal space for those seeking a high-performance location in a thriving area, minimizing upfront investment and maximizing operational efficiency. The property is classified as retail, specifically a restaurant and bar, and is ready for immediate occupancy. This turnkey operation presents a unique opportunity to acquire a fully functional business in a desirable Miami location.

    Property Features for 0 47Th St

    General Information

    Property type
    Restaurants

    HighLights

    • $140,000 asking price.
    • Miami, FL retail property (Restaurant/Bar).
    • Fully equipped commercial kitchen with grease trap and hood system.
    • All permits current; includes walk‑in refrigerator and AC.
    • Prime location near Palmetto Expressway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3308278
    Latitude
    25.7256341

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, Prime Miami Location
    Where is this restaurant located?
    The property is located at 47Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: $140,000 asking price.; Miami, FL retail property (Restaurant/Bar).; Fully equipped commercial kitchen with grease trap and hood system.
    Request Owner's contact information
    47Th St Miami, FL 33155
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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
    47Th St Miami, FL 33155
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