1429 Ponce De Leon Blvd Coral Gables, FL 33134
This exceptional turnkey business opportunity in Coral Gables, Florida, presents a rare chance to acquire a thriving retail establishment. Located at 1429 Ponce De Leon Blvd., in the heart of Coral Gables (zip code 33134), this property combines a convenience store, restaurant, and bar, offering diverse revenue streams. Built in 1953, the business boasts six years of successful operation, benefiting from its prime location near residential buildings, businesses, banks, offices, and the Peruvian Consulate. The high volume of pedestrian and vehicular traffic ensures consistent customer flow. Further enhancing its potential, a new residential condo building is planned for construction adjacent to the property, promising a significant increase in foot traffic and potential clientele. The asking price for this established business is $250,000. This presents a unique investment opportunity with significant upside potential due to its location and the upcoming development. The property is situated in Miami-Dade County and offers an unparalleled chance to own a well-established business in a rapidly growing area of Coral Gables. This is a truly remarkable opportunity for an investor seeking a profitable and established business in a prime 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
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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.