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    11880 40Th St Miami, FL 33175

    For Sale
    $135,000

    Established eatery, high foot traffic, strong income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This thriving Miami restaurant and bar, located at 11880 SW 40th St, Miami, FL 33175, presents a unique investment opportunity. Established in 1962 and operating successfully for over 12 years, this business occupies a prime location within the main lobby of a busy medical building, ensuring consistent high foot traffic and a built-in clientele of staff, patients, and visitors. The current owners are selling to pursue other ventures, offering a turnkey operation with all equipment included in the asking price of $135,000. The business boasts a strong reputation and stable income stream, with significant potential for further growth. A renewed yearly lease is in place at a favorable rental rate, minimizing operational overhead. This is an exceptional opportunity for an experienced restaurateur or investor seeking a profitable, established business with a loyal customer base and excellent location in Miami-Dade County. Serious inquiries only.

    Property Features for 11880 40Th St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1962

    HighLights

    • $135,000 asking price.
    • Miami, FL retail property.
    • Restaurant and bar subtype.
    • 1962 year built.
    • Established Miami restaurant in medical building with 12‑year history.
    • Strong clientele and reputation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dental Design Specialists: ... Dentist Dental Office Dentist Mayi's Cafe Cafe Kendall Medical Plaza Medical Center American Medical Plaza Medical Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3868919
    Latitude
    25.7302789

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, high foot traffic, strong income.
    Where is this restaurant located?
    The property is located at 11880 40Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: $135,000 asking price.; Miami, FL retail property.; Restaurant and bar subtype.
    Request Owner's contact information
    11880 40Th St Miami, FL 33175
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    Miami, FL 33175
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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
    11880 40Th St Miami, FL 33175
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