Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Italian Restaurant Coral Gables, FL 33134
    Back to Search
    Property profile & analytics

    Italian Restaurant, Coral Gables, FL 33134

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Italian Restaurant

    Property type
    Retail properties & Spaces
    Property subtype
    Bars & Pubs

    Description

    This thriving Italian restaurant, located in the heart of Coral Gables' Financial District, presents a unique investment opportunity. Priced at $230,000, this established business boasts a sophisticated menu blending classic Italian cuisine with Argentinian influences. The restaurant is fully equipped with a professional kitchen, including a grease trap, fire alarm system, and walk-in freezer. Durable impact windows and high ceilings enhance the space, while attic storage and a convenient back-alley entrance streamline operations. Catering, pickup, and delivery services are already established, supported by a user-friendly website with an online reservation system. Patrons enjoy easy street parking and ample nearby public parking. All necessary permits and licenses are in place, including a wine and beer license, ensuring a smooth transition for the new owner. This turnkey operation offers immediate revenue potential in a high-traffic, desirable area of Coral Gables, Florida, with its 33134 zip code. The restaurant's address is specifically listed as "Italian Restaurant" within Coral Gables, Miami-Dade County. The business is fully operational and ready for a new owner to step in and continue its success. This is a rare opportunity to acquire a well-established and profitable restaurant in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2712
    Latitude
    25.7565

    Comparable in this City

    • Value Estimation by Request

      Bakery Miracle Mile

      Restaurants
      0 Bakery Miracle Mile, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Cafe In The Beautiful City Of Coral Gables

      Restaurants
      0 Cafe In The Beautiful City Of Coral Gables, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Exquisite Bakery For Sale On Miracle Mile Coral Gables

      Restaurants
      0 Exquisite Bakery For Sale On Miracle Mile Coral Gables, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Full-Service Restaurant With Liquor License For Sale In Coral Gables

      Restaurants
      0 Full-Service Restaurant With Liquor License For Sale In Coral Gables, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      99 Miracle Mile- Restaurant For Sale

      Restaurants
      99 Miracle Mile- Restaurant For Sale, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      146 Giralda Ave

      Restaurants
      146 Giralda Ave, Coral Gables, FL 33134
      View Details

    Similar Nearby for Sale

    • $279,000

      Italian Restaurant Opportunity, Coral Gables

      Ongoing Italian restaurant with fully equipped kitchen and outdoor patio.
      Coral Gables, FL 33134
      View Details
    • $4,200,000
      5,000 SF

      Coral Gables Mixed-Use Building

      Boutique commercial building in the heart of Coral Gables.
      355 Palermo Ave, Coral Gables, FL 33134
      View Details
    • $580,000

      Coral Gables Mixed-Use Commercial Unit

      Ground floor commercial unit in the heart of Coral Gables.
      2030 S Douglas Rd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      5,812 SF

      Giralda Plaza Restaurant Opportunity

      5,800 SF second-generation restaurant for sale or lease.
      177 Giralda Ave, Coral Gables, FL 33134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,970 SF

      Coral Gables Office/Retail Space

      Mediterranean-style buildings with open plaza and musical fountain.
      800-806 S Douglas Rd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      566 SF

      Retail Space on Miracle Mile

      Retail space available in Coral Gables with high daytime traffic.
      200-224 Miracle Mile, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      2,236 SF

      Retail Space on Miracle Mile

      Retail space for lease in Coral Gables' commercial hub.
      336 Miracle Mile, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Prime Retail Space in Coral Gables

      Ground floor retail space in a high-traffic Coral Gables location.
      2800 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      1,927 SF

      Retail Space on Miracle Mile

      Retail space with strong daytime traffic and ample parking.
      135-137 Miracle Mile, Coral Gables, FL 33134
      View Details
    • Contact for pricing

      Turnkey Restaurant Sublease Available

      Restaurant sublease opportunity in Coral Gables.
      1930 Ponce De Leon Blvd, Coral Gables, FL 33134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Italian Restaurant
    Coral Gables, FL 33134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Italian Restaurant, Coral Gables, FL, 33134
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!