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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4148 70Th Ct Miami, FL 33155

Built 1959
Property ID
Property summary
AI-generated overview

This thriving Spanish-Cuban restaurant, "Chef's Paella," presents a unique investment opportunity in Miami, Florida. Established in 1959 and operating for over 20 years, this well-regarded business is offered at an asking price of $90,000. The sale includes not only the restaurant itself, located at 4148 SW 70th Ct, Miami, FL 33155, but also a food truck trailer and a van, with a combined inventory valued at $50,000. The business currently operates under a yearly renewable lease for a warehouse space at a cost of $1,950 per month, inclusive of water. A comprehensive list of established vendors and loyal clientele will be provided to facilitate a seamless transition for the new owner. To ensure a smooth handover, the current owner will provide one month of on-site support. This turnkey operation employs four dedicated staff members, and ten 1099 contractors have expressed interest in continuing their work post-sale. The business is also attractive to international buyers as it qualifies for an investor visa. Detailed financial records and ongoing support are available upon request. This is a rare opportunity to acquire a profitable, established restaurant with significant assets and a strong foundation for continued success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1959
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
Current use
Occupant on record · Public records
  • Puerco Asado Mia Take-out & Catering Catering Service
  • Chef's Paella & Puerco Relleno Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
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by Request
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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