0 Withheld North Miami, FL 33181
This fully operational restaurant in North Miami, Florida, is available for $725,000. Built in 1957 and boasting significant recent improvements, this turnkey business includes all fixtures, furniture, and equipment (FF&E). Approximately $342,000 in renovations were completed in 2022. The restaurant benefits from a highly visible location on a busy thoroughfare within a strong demographic area. The current lease is significantly below market rate, offering substantial upside potential. The landlord is open to considering alternative business concepts. The current ownership is local, and the head chef is willing to remain for a negotiated transition period post-sale. A confidentiality agreement is required before providing the exact address and further details. This presents a unique opportunity for a savvy investor to acquire a profitable, established business with significant growth potential. The property is located in Miami-Dade County, Florida, zip code 33181.
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.