5350 12Th AveHialeah, FL 33012

Property Details for 5350 12Th Ave

Year built

1979

Construction

CONCRETE

Lot size

1.77 AC

Property size (Sq ft)

29,486 SF

Zone code

6300:COMMERCIAL,RESTRICT

Property type

Retail properties

Property subtype

Outlet malls

APN

04-2035-074-0020

APU

420350740020

Description

This exceptional business opportunity presents the chance to acquire Exxodo Restaurant, a thriving establishment located at 5350 W 12th Ave, Hialeah, FL. The restaurant occupies a substantial 29,486 square feet and offers a unique dining experience specializing in a fusion of Latin American and Caribbean cuisine with an emphasis on fresh seafood. Exxodo is known for its signature cocktails and vibrant atmosphere, often featuring live music. The elegant interior provides comfortable seating for a variety of occasions, while the expansive outdoor area allows for larger events and private functions. The property is situated in Hialeah, Florida, offering excellent access to a diverse and growing customer base. This turnkey operation presents a rare opportunity for an experienced restaurateur or investor to acquire a well-established and profitable business in a prime location. The asking price for this exceptional property is $350,000. Financial details and operational information are available upon request, subject to a non-disclosure agreement. Serious inquiries only. This is a unique opportunity to own a successful and well-regarded restaurant in a high-demand area. Don't miss out on this chance to own a piece of Hialeah's thriving culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $12,289,218

  6.5%

  $11,343,894

  7%

  $10,533,615

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,479,938

  Geo Method

  $10,479,938

• Alternative Use

  Use

  Valuation

  Residential

  $9,568,999

  Hospitality

  $8,765,151

  Educational

  $7,292,503

  Medical

  $7,543,304

  Retail

  $11,343,894

Location Insight

City

Hialeah

County

Miami-dade

State

Florida

Latitude

25.8711

Longitude

-80.3075

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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