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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 71St St Miami Beach, FL 33141

2,200 SF
Property ID
Property summary
AI-generated overview

This exceptional restaurant opportunity is priced at $230,000 and presents a turnkey operation in a prime Miami Beach location on Normandy Isle, within the 33141 zip code. Situated on 71st Street in Miami-Dade County, Florida, this established Argentinian eatery boasts 2,200 square feet of space and has served the local community since 2012, cultivating a loyal customer base. The business is currently operating under a Net Net + (NN+) lease with a remaining term of two years. The restaurant is fully equipped and ready for immediate operation, offering a significant advantage for a prospective buyer. Specializing in Argentinian steaks, the restaurant also holds a valid wine and beer license, adding to its revenue streams. This is a rare chance to acquire a profitable, established restaurant with a proven track record in a highly desirable area of Miami Beach. The business's consistent income stream and loyal clientele make this a compelling investment opportunity. The property's location offers excellent visibility and accessibility, contributing to its ongoing success. This is a truly exceptional opportunity for an experienced restaurateur or a savvy investor seeking a profitable, established business. The turnkey nature of this operation minimizes the time and effort required to begin generating revenue. Serious inquiries are encouraged to explore this unique opportunity further.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,200 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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