Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    High End Authentic Mexican Cuisine Restaurant Bar Palm Beach, FL 33480
    Back to Search
    Property profile & analytics

    High End Authentic Mexican Cuisine Restaurant Bar, Palm Beach, FL 33480

    View on Map
    • Retail properties & Spaces
    • 4,323 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 High End Authentic Mexican Cuisine Restaurant Bar

    Property type
    Retail properties & Spaces
    Property subtype
    Bars & Pubs

    Description

    This exceptional Palm Beach restaurant and bar, spanning 4,323 square feet, presents a lucrative investment opportunity. Currently operating as a thriving, authentic Mexican cuisine establishment, it boasts a substantial average annual sales volume exceeding $1.3 million, generating strong net profits. The property includes a fully equipped, 4-COP licensed bar serving beer, wine, and liquor, and benefits from ample outdoor seating. Located in Palm Beach, Florida (zip code 33480), this retail space enjoys a prime location within a strong tenant mix and a desirable trade area with robust demographics. The current lease agreement extends favorably through 2036, providing long-term stability and security for the investor. The impressive buildout is a significant asset, minimizing upfront capital expenditures for the new owner. This turnkey operation offers a rare chance to acquire a well-established, high-performing restaurant and bar in a highly sought-after location. The asking price is $595,000. Financial details are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0367
    Latitude
    26.6873

    Comparable in this City

    • Value Estimation by Request
      1,312 SF

      200 Worth Ave

      Retail properties & Spaces
      200 Worth Ave, Palm Beach, FL 33480
      View Details
    • Value Estimation
      $840,000
      5,154 SF

      215 Peruvian Ave

      RESTAURANT
      215 Peruvian Ave, Palm Beach, FL 33480-4635
      View Details
    • Value Estimation
      $8,185,000
      8,554 SF

      132 County Rd

      RESTAURANT
      132 County Rd, Palm Beach, FL 33480-3917
      View Details
    • Value Estimation
      $1,275,000
      6,802 SF

      207 Royal Poinciana Way

      RESTAURANT
      207 Royal Poinciana Way, Palm Beach, FL 33480-4039
      View Details
    • Value Estimation
      $915,000
      5,236 SF

      191 Bradley Pl

      RESTAURANT
      191 Bradley Pl, Palm Beach, FL 33480-3786
      View Details
    • Value Estimation by Request
      0.21 Acres

      159 Brazilian Ave

      FINANCIAL BUILDING
      159 Brazilian Ave, Palm Beach, FL 33480-4221
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,323 SF

      Palm Beach Retail Opportunity

      Retail property available in Palm Beach, Florida.
      822 S County Rd, Palm Beach, FL 33480
      View Details
    • $11,800,000
      4,213 SF

      Palm Beach Mixed-Use Property

      Commercial and residential property in prime Palm Beach location.
      255 Royal Poinciana Way, Palm Beach, FL 33480
      View Details
    • Contact for pricing
      19,500 SF

      Prime Office Location, Palm Beach

      Class A office building in the heart of Palm Beach.
      180 Royal Palm Way, Palm Beach, FL 33480
      View Details
    • New
      $39,500,000
      Pending

      Palm Beach Waterfront Estate Opportunity

      Rare waterfront lot with Intracoastal and golf course views.
      350 Island Rd, Palm Beach, FL 33480
      View Details
    • $10,900,000
      0.31 Acres

      Palm Beach Land Opportunity

      Rare opportunity to build your dream home in Palm Beach.
      1421 N Lake Way, Palm Beach, FL 33480
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Palm Beach Class A Office

      Ideally located office space with destination restaurant and covered parking.
      223 Sunset Ave, Palm Beach, FL 33480
      View Details
    • Contact for pricing

      Prestigious Palm Beach Office/Retail Building

      Three-story office and retail building on world-famous Worth Avenue.
      125 Worth Ave, Palm Beach, FL 33480
      View Details
    • $115 SF/Yr
      4,213 SF

      Prime Commercial Space in Palm Beach

      Exceptional commercial property in a sought-after Palm Beach location.
      255 Royal Poinciana Way, Palm Beach, FL 33480
      View Details
    • Contact for pricing

      Luxury Office Space in Palm Beach

      Executive suites in Banker's Row, steps from Worth Avenue.
      420 Royal Palm Way, Palm Beach, FL 33480
      View Details
    • $7 SF/Yr
      19,500 SF

      Royal Palm Way Office Suite

      Prime Office Space - Available Now
      180 Royal Palm Way, Palm Beach, FL 33480
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    High End Authentic Mexican Cuisine Restaurant Bar
    Palm Beach, FL 33480
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    High End Authentic Mexican Cuisine Restaurant Bar, Palm Beach, FL, 33480
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!