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    223 Valencia Ave Miami, FL 33134

    For Lease
    $0.18 SF/Yr

    Prime Location, 4,065 SF Restaurant

    Lot size:
    4,065 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Discover a remarkable opportunity to establish your restaurant in the vibrant Coral Gables area. This exceptional property, located at 223 Valencia Avenue, boasts a spacious 4,065 square foot interior, ideal for a diverse range of culinary concepts. The single-tenant building offers a versatile layout ready for immediate occupancy, eliminating the need for extensive renovations. The property is zoned 5004, ensuring compliance with local regulations. Its convenient location within Coral Gables provides access to a thriving and affluent customer base, making it an attractive investment for experienced restaurateurs and new ventures alike. The property's ample square footage allows for a large dining area, a fully equipped kitchen, and potentially additional spaces for storage, office areas, or even outdoor seating (subject to local regulations and permits). This second-generation restaurant space presents a turnkey solution, minimizing upfront investment and maximizing potential returns. The property's APN is 03-41-17-005-1900. This is a rare chance to secure a prime location in a highly sought-after area, offering significant potential for growth and success within the bustling Coral Gables dining scene. Don't miss this chance to establish your culinary vision in a thriving community.

    Property Features for 223 Valencia Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,065 SF

    Unit(s) available at that property

    Space
    Size
    4,065 SF
    Rate per SF
    $0.18

    HighLights

    • 4,065 SF Restaurant Space in Coral Gables
    • Single‑Tenant Occupancy
    • Located at 223 Valencia Ave, Coral Gables
    • Zoned 5004, APN 03‑41‑17‑005‑1900
    • Second‑generation restaurant space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rumbas Restaurant 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
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2592296
    Latitude
    25.7480605

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, 4,065 SF Restaurant
    Where is this restaurant located?
    The property is located at 223 Valencia Ave Miami, FL.
    What is the lease rate?
    The lease rate is $0.18 SF/Yr.
    What are key features of this property?
    This property features: 4,065 SF Restaurant Space in Coral Gables; Single-Tenant Occupancy; Located at 223 Valencia Ave, Coral Gables
    Request Owner's contact information
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    Miami, FL 33134
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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
    223 Valencia Ave Miami, FL 33134
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