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    11011 27Th Ave Miami, FL 33167

    Sponsored
    For Sale
    $400,000

    Established eatery, prime location, strong cash flow.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This thriving Miami restaurant and bar, located at 11011 NW 27Th Ave, Miami, FL 33167, presents a unique investment opportunity. Established in 1978, this well-regarded business boasts a loyal customer base, built over decades of serving the local community. Situated in a freestanding corner building, it benefits from excellent visibility and exposure, particularly due to its proximity to Miami Dade College North Campus. The property includes a full kitchen equipped with a hood and a walk-in cooler, ensuring efficient operations. The menu features a popular selection of sandwiches, burgers, hot dogs, and smoothies, appealing to a broad customer base. The business currently operates Monday through Friday from 9 am to 5 pm, and Saturdays from 10 am to 4 pm. The asking price for this asset sale is $400,000. Eleven parking spaces are available on-site. While offered as an asset sale, the seller may consider selling both the business and the real estate, and potentially provide financing to a qualified buyer. This presents a rare chance to acquire a well-established, profitable business with significant growth potential in a high-traffic area of Miami. The property's long history and strong local reputation make it an attractive investment for experienced restaurateurs or those seeking a turnkey operation.

    Property Features for 11011 27Th Ave

    General Information

    Property type
    Restaurants

    HighLights

    • $400,000 asking price.
    • Miami, FL retail property.
    • Restaurant and bar with 11 parking spaces.
    • Established sub shop/hoagie business in operation since 1978.
    • Freestanding corner location with high visibility near Miami Dade College North Campus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hoagie Hut Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2423705
    Latitude
    25.8747986

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, prime location, strong cash flow.
    Where is this restaurant located?
    The property is located at 11011 27Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price.; Miami, FL retail property.; Restaurant and bar with 11 parking spaces.
    Request Owner's contact information
    11011 27Th Ave Miami, FL 33167
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    Miami, FL 33167
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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
    11011 27Th Ave Miami, FL 33167
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