1423 Washington Ave Miami Beach, FL 33139
This exceptional restaurant opportunity is located in the heart of Miami Beach's Art Deco District, just half a block from the bustling Española Way and three blocks from the beach. This prime location ensures a steady flow of customers year-round, benefiting from high foot traffic from both Española Way and the beach. The cozy café features comfortable indoor seating and four additional outdoor tables, providing a welcoming atmosphere for locals and tourists alike. The business boasts a fully equipped modern kitchen, featuring less than a year old refrigerators, freezer, stove, and hood. A brand new, code-compliant grease trap ensures efficient and smooth operations. Built in 1921, this established business presents a rare chance to acquire a thriving enterprise in one of South Beach's most desirable and high-traffic areas. The asking price for this turnkey operation is $395,000. This represents a significant opportunity for an investor seeking a well-established business in a prime location with strong potential for continued growth and profitability. The property is located at 1423 Washington Ave, Miami Beach, FL 33139, in Miami-Dade County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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