0 $$$ Lincoln Rd Miami Beach, FL 33139
This exceptional business opportunity is located on Lincoln Road in Miami Beach, Florida, a prime location known for its high foot traffic and vibrant nightlife. The property, a fully renovated restaurant and hookah lounge, boasts a seating capacity of 179 and is open until 5:00 AM, catering to both daytime and late-night clientele. Built in 1928, the building has been updated to include a renovated outdoor seating area and a dedicated hookah bar. The establishment enjoys a strong online reputation, evidenced by its excellent Google rating. This turnkey operation presents a rare chance to acquire a well-established and profitable business in one of Miami's most sought-after areas. The asking price is $650,000. The property is classified as retail, with a subtype of restaurant and business. Located in Miami-Dade County, Florida, with a zip code of 33139, this property offers a unique blend of established success and significant growth potential within the hospitality industry. The address is on Lincoln Road, Miami Beach. This is an ideal investment for an experienced restaurateur looking to capitalize on a proven business model in a high-demand location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.