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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

12900 Biscayne Blvd Biscayne Blvd North Miami, FL 33181

1,824 SF
Property ID
Property summary
AI-generated overview

This exceptional, fully operational restaurant is situated at 12900 Biscayne Blvd in North Miami, Florida, zip code 33181. The property, encompassing 1,824 square feet, is offered at an asking price of $725,000. The restaurant boasts a modern, elegant design and upscale ambiance, completed with a new interior buildout, equipment, and furniture in the fourth quarter of 2022. It comfortably seats 64 patrons indoors and has the capacity for up to 10 additional patrons outdoors. The sale includes all fixtures, furniture, and equipment (FF&E). A key feature is a well-appointed bar area, and the business holds licenses for beer and wine sales. The property is categorized as retail land with a single tenancy under a NNN lease with 17 years remaining. Currently operating at 100% occupancy, this established restaurant presents a compelling investment opportunity in a thriving North Miami/Aventura area location. The sale is confidential and requires a confidentiality agreement.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,824 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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