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OFF-MARKET
Retail properties & Spaces

High traffic area Oriental Restaurant For Sale In Miami Beach! Miami Beach, FL 33141

635 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a fully operational 635-square-foot restaurant in Miami Beach's vibrant culinary scene. Priced at $120,000, this established business boasts a prime location attracting both locals and tourists, ensuring consistent foot traffic. The current lease extends until June 29, 2031, with a favorable five-year renewal option. Monthly rent, inclusive of CAM, taxes, and insurance, is $4,747. The restaurant currently operates from 4 pm to 2 am, but the new owner has the potential to expand hours to include lunch service. The space comfortably seats 24 patrons and includes a comprehensive inventory of equipment, such as a six-burner stove with oven, two induction plates, multiple refrigerators and freezers, prep tables, and a POS system. The restaurant also holds a beer and/or wine license. With four full-time employees currently in place, this turnkey operation is ready for immediate ownership. The business has been established for 7.5 years and is in excellent condition. This is a rare chance to acquire a thriving restaurant in a high-demand area of Miami Beach, offering significant growth potential. The existing equipment and established clientele provide a solid foundation for a new owner to implement their own concept or continue the successful operation of the current business. Don't miss this chance to own a piece of Miami Beach's thriving restaurant scene.

Property profile
Verified
Property type Retail properties & Spaces
Total area 635 SF
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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