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    148 167Th St Miami, FL 33169

    Sponsored
    For Lease
    $43 SF/Yr

    Fully equipped, high-traffic location, great potential.

    Lot size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This turnkey restaurant opportunity in Miami, Florida, presents a unique chance to acquire an established business. Located at 148 NW 167th St, 33169, this single-tenant property boasts 3,500 square feet, encompassing a fully equipped commercial kitchen with hood system, a bar area near the hotel lobby entrance, and ample space for dining. The restaurant benefits from a prime location within a busy hotel, ensuring high visibility and foot traffic. The area demonstrates excellent demographics, with nearby businesses, schools, and churches offering significant potential for increased revenue through targeted marketing and outreach. Further growth opportunities exist in delivery, catering, and corporate services. The asking price is $150,000 for key money, with a monthly rent of $12,770. Lease terms require first month's rent, last month's rent, and a two-month security deposit. The property's zoning is 6400, and its APN is 30-21-13-007-2630. This is a remarkable opportunity for an experienced restaurateur seeking a well-established, high-potential location.

    Property Features for 148 167Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,500 SF

    Unit(s) available at that property

    Space
    Size
    3,500 SF
    Rate per SF
    $43

    HighLights

    • Turnkey restaurant in Miami, FL, 3,500 sq ft, fully equipped kitchen and bar.
    • Located at 148 NW 167th St, Miami, FL 33169, within a busy hotel.
    • $150,000 key money, $12,770 monthly rent; lease requires first, last, and two‑month security deposit.
    • Prime location with high visibility and foot traffic; excellent demographics.
    • Zoning: 6400; APN: 30‑21‑13‑007‑2630.
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Mart Gas Station קייטרינג מיאמי Caterer Jerusalem Mama kosher Catering Food And Drink Supplier Gourmet 7 Caterer Yo-Chef Caterer

    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
    -80.2030125
    Latitude
    25.9277496

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, high-traffic location, great potential.
    Where is this restaurant located?
    The property is located at 148 167Th St Miami, FL.
    What is the lease rate?
    The lease rate is $43 SF/Yr.
    What are key features of this property?
    This property features: Turnkey restaurant in Miami, FL, 3,500 sq ft, fully equipped kitchen and bar.; Located at 148 NW 167th St, Miami, FL 33169, within a busy hotel.; $150,000 key money, $12,770 monthly rent; lease requires first, last, and two-month security deposit.
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    148 167Th St Miami, FL 33169
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    Miami, FL 33169
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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
    148 167Th St Miami, FL 33169
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