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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1522 Washington Ave Miami Beach, FL 33139

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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