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Property profile & analytics
FOR SALE
Outlet malls
11011 NW 27Th Ave Miami, FL 33167
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US19-0807757
For Sale
1 / 60
Contact for pricing
11011 NW 27Th Ave, Miami, FL 33167
View Listing →
Property summary
AI-generated overview
This thriving Miami restaurant and bar, located at 11011 NW 27Th Ave, Miami, FL 33167, presents a unique investment opportunity. Established in 1978, this well-regarded business boasts a loyal customer base, built over decades of serving the local community. Situated in a freestanding corner building, it benefits from excellent visibility and exposure, particularly due to its proximity to Miami Dade College North Campus. The property includes a full kitchen equipped with a hood and a walk-in cooler, ensuring efficient operations. The menu features a popular selection of sandwiches, burgers, hot dogs, and smoothies, appealing to a broad customer base. The business currently operates Monday through Friday from 9 am to 5 pm, and Saturdays from 10 am to 4 pm. The asking price for this asset sale is $400,000. Eleven parking spaces are available on-site. While offered as an asset sale, the seller may consider selling both the business and the real estate, and potentially provide financing to a qualified buyer. This presents a rare chance to acquire a well-established, profitable business with significant growth potential in a high-traffic area of Miami. The property's long history and strong local reputation make it an attractive investment for experienced restaurateurs or those seeking a turnkey operation.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1963
Construction
CONCRETE
Total area
760 SF
Lot
0.14 ac (6,204 SF)
Zoning code
6161
APN
30-2134-002-0690
UPID
US19-0807757
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
-
Hoagie Hut Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
K & M Group LLC · 6 yrs held
K & M Group LLC
since 2019
7 recorded transactions
Zoning & alternative use
6161 · Miami, FL
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$388 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,179
Tax year 2023
Assessed value
$195,843
Assessed 2023
Previous assessed
$177,241
+10.5% YoY
Effective rate
1.62%
On assessed value
Assessed land
$155,100
Assessed improvement
$40,743
Land market value
$155,100
Improvement market value
$40,743
Total market value
$195,843
Applied tax rate
3,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
1963
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
760 SF
Lot
0.14 ac (6,204 SF)
Zoning code
6161
APN
30-2134-002-0690
UPID
US19-0807757
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6161 · Miami, FLZoning 6161 · permitted uses
6161 · Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning and Zoning
Building & site characteristics
From public records
Year built
1963
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
K & M Group LLC
Entity
Mailing address
11011 NW 27TH AVE, MIAMI, FL 33167-3411
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
K & M Group LLC
—
Deed
related
$150,000 · Estate Of Agustin Bunuel
Feb 25, 2025
—
K & M Group LLC
—
Deed
related
$360,000 · Florida Land Trust
Sep 24, 2019
$200,000
K & M Group LLC
11011 Nw 27th Avenue LLC
Warranty Deed
$203,000 · Agustin Bunuel
Jun 5, 2006
$200,000
11011 Nw 27th Avenue LLC
Ugalde,carlos & Mercedes
Warranty Deed
—
Feb 26, 2003
$63,000
Carlos Ugalde
Rotolante,brian H
Grant Deed
$55,000 · Ocean Bank
—
—
Odile Rodriguez
—
Deed Of Trust
related
$580,000 · Washington Mutual Fsb
—
—
Katana Restaurant Group Corp
—
Deed Of Trust
related
$35,000 · Bh Cafe LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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