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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11880 40Th St Miami, FL 33175

Built 1962
Property ID
Property summary
AI-generated overview

This thriving Miami restaurant and bar, located at 11880 SW 40th St, Miami, FL 33175, presents a unique investment opportunity. Established in 1962 and operating successfully for over 12 years, this business occupies a prime location within the main lobby of a busy medical building, ensuring consistent high foot traffic and a built-in clientele of staff, patients, and visitors. The current owners are selling to pursue other ventures, offering a turnkey operation with all equipment included in the asking price of $135,000. The business boasts a strong reputation and stable income stream, with significant potential for further growth. A renewed yearly lease is in place at a favorable rental rate, minimizing operational overhead. This is an exceptional opportunity for an experienced restaurateur or investor seeking a profitable, established business with a loyal customer base and excellent location in Miami-Dade County. Serious inquiries only.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1962
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
Current use
Occupant on record · Public records
  • Dental Design Specialists: Ivanier Sandra P DDS Dental Office
  • Dental Office Dental Office
  • Mayi's Cafe Cafe & Coffee Shop
  • Kendall Medical Plaza Medical Clinic
  • American Medical Plaza Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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