1522 Washington Ave Miami Beach, FL 33139
This thriving Miami Beach restaurant, located at 1522 Washington Ave, Miami-Dade County, Florida 33139 (25.7881197, -80.1319683), presents a unique investment opportunity. Priced at $150,000, this established business boasts a strong reputation built on authentic Venezuelan cuisine, specializing in arepas and sandwiches. Operating successfully since September 2019, the restaurant enjoys excellent customer reviews and consistently strong sales and profits. All necessary licenses are up-to-date, ensuring a smooth transition for the new owner. The sale includes all existing inventory and equipment, minimizing the initial investment required to take over operations. The prime location in the vibrant Miami Beach area contributes significantly to the business's success. This turnkey operation offers a rare chance to acquire a profitable, established restaurant with a loyal customer base and a proven track record. The restaurant's strong foundation and excellent location make it an ideal investment for an experienced restaurateur or a savvy entrepreneur seeking a profitable venture in a high-demand market. All aspects of the business are ready for immediate operation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.