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    12388 127Th Ave Miami, FL 33186

    For Sale
    $379,000

    Established Eatery, High Sales, Great Lease

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This thriving Miami restaurant, boasting a blend of Mexican and Italian cuisine, presents a unique investment opportunity. Located at 12388 SW 127TH Ave, Miami, FL 33186, in Miami-Dade County, this 1800 square foot establishment has enjoyed 13 years of success. The asking price is $379,000. The property is categorized as retail, specifically a restaurant, and comes fully equipped for immediate operation. Financial records demonstrate excellent sales figures (specifics available upon request). The current lease offers a favorable term of 5 years with a 5-year renewal option, ensuring long-term stability. The low rent amount contributes significantly to the property's profitability. This turnkey operation is ideally situated for continued success, offering a rare chance to acquire an established and profitable business in a prime Miami location. Serious inquiries only; please schedule an appointment to avoid disturbing the owner and employees. The property's coordinates are 25.6538089 latitude and -80.4001132 longitude.

    Property Features for 12388 127Th Ave

    General Information

    Property type
    Restaurants

    HighLights

    • $379,000 asking price.
    • Miami, FL retail property.
    • Restaurant subtype (Mexican and Italian cuisine).
    • 1,800 square feet.
    • Established business (13 years).
    • Fully equipped.
    Property Profile Location Intelligence

    Current Use by Public Records

    L'incontro Pizza Pizza Restaurant Mexi And Pizza Kendall Mexican Restaurant Mexican Restaurant Las ... Mexican Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.4001132
    Latitude
    25.6538089

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    FAQs

    What type of property is this?
    Restaurant - Established Eatery, High Sales, Great Lease
    Where is this restaurant located?
    The property is located at 12388 127Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: $379,000 asking price.; Miami, FL retail property.; Restaurant subtype (Mexican and Italian cuisine).
    Request Owner's contact information
    12388 127Th Ave Miami, FL 33186
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    Miami, FL 33186
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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
    12388 127Th Ave Miami, FL 33186
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