Property profile

204-208 1St St Miami, FL 33132

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional opportunity presents a fully equipped restaurant and bar space located in the vibrant heart of Downtown Miami, at 204-208 NE 1ST Street, Miami, FL 33132. Priced aggressively at $140,000, this property offers a rare chance to acquire a turnkey operation in a high-demand area experiencing low inventory. The sale includes all existing equipment, making for a seamless transition. While the current business name, "BANH MI BABY," is not included in the sale, the existing lease will be transferred to the new owner, providing immediate operational continuity. Situated in Miami-Dade County, this retail space benefits from its prime location within Downtown Miami's burgeoning culinary scene. The property's address is 204-208 NE 1ST Street, with coordinates 25.7700009 latitude and -80.1679758 longitude. Given the attractive price point and high demand, multiple offers are anticipated. Serious inquiries should act swiftly to secure this exceptional investment opportunity. This is an "as-is" sale.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204-208 1St St Miami, FL 33132
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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