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    5894 Sunset Dr South Miami, FL 33143

    For Sale
    $890,000

    Prime Location, Fully Equipped, High Occupancy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This thriving Latin fusion and sushi restaurant bar is available for purchase at $890,000. Located in South Miami, Florida, at 5894 Sunset Drive, this exceptional property boasts a prime corner location on a busy street, adjacent to Dixie Highway, ensuring high visibility and foot traffic. The restaurant is fully equipped and ready for immediate operation, holding a liquor license and possessing a substantial occupancy capacity of 150. The property is classified as retail, specifically a restaurant and business, and is situated in Miami-Dade County, Florida, with a zip code of 33143. Its coordinates are 25.704098 latitude and -80.2890749 longitude. This turnkey opportunity presents a significant investment potential for a discerning buyer seeking a well-established and profitable restaurant in a high-demand area. Serious inquiries only, please schedule an appointment to view. Please refrain from disturbing employees and the owner during business hours.

    Property Features for 5894 Sunset Dr

    General Information

    Property type
    Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    SIM Restaurant Miami Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2890749
    Latitude
    25.704098

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, Fully Equipped, High Occupancy
    Where is this restaurant located?
    The property is located at 5894 Sunset Dr South Miami, FL.
    What is the asking price?
    The asking price for this property is $890,000.
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    5894 Sunset Dr South Miami, FL 33143
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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
    5894 Sunset Dr South Miami, FL 33143
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