0 71St St Miami Beach, FL 33141
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.
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.