148 167th St, Miami, FL 33169-6020
- Hotels
- 82,605 SF
- 1.44 lot acres
Current Use by Public Records
- Food Mart / Gas Station
- קייטרינג מיאמי / Take-out & Catering / Catering Service
- Jerusalem Mama kosher / Catering Service / Take-out & Catering
- Gourmet 7 / Take-out & Catering / Catering Service
- Yo-Chef / Take-out & Catering / Catering Service
Property Details for 148 167th St
- Year built
- 1971
- Construction
- CONCRETE
- Lot size
- 1.44 lot acres
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Hotels
- APN
- 30-2113-007-2630
- APU
- 3021130072630
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 24, 2012 | — | Oja Dev Co Ltd | — | Deed Of Trust · related | $6.3M · Mercantile Commerce Bank |
| Jan 29, 2007 | $10,000,000 | O J A Development Co Ltd | Latrun Realty INC | Other | $7M · Commerce Bank NA |
| Sep 13, 2005 | — | Moti Boaziz | — | Trustees Deed · related | $3.5M · Mustang Mortgage LLC |
| Mar 21, 2005 | — | Latrun Realty INC | — | Trustees Deed · related | $1.5M · Mike & Annette Daiagi |
| Feb 17, 2000 | $4,050,000 | Latrun Realty INC | Gami Golden Glades LLC | Grant Deed | $3M · Commercial Bank Florida |
| — | — | Gami Golden Glades LLC | — | Deed Of Trust · related | $350k · Jdi Miami Ltd Partnership |
| — | — | Oja Dev Co Ltd | — | Loan Modification · related | $6.1M · Mercantile Commerce Bank |
| — | — | O J A Dev Co Ltd | — | Loan Modification · related | $5.3M · Mercantil Bk NA |
Description
This turnkey restaurant opportunity in Miami, Florida, presents a unique chance to acquire an established business. Located at 148 NW 167th St, 33169, this single-tenant property boasts 3,500 square feet, encompassing a fully equipped commercial kitchen with hood system, a bar area near the hotel lobby entrance, and ample space for dining. The restaurant benefits from a prime location within a busy hotel, ensuring high visibility and foot traffic. The area demonstrates excellent demographics, with nearby businesses, schools, and churches offering significant potential for increased revenue through targeted marketing and outreach. Further growth opportunities exist in delivery, catering, and corporate services. The asking price is $150,000 for key money, with a monthly rent of $12,770. Lease terms require first month's rent, last month's rent, and a two-month security deposit. The property's zoning is 6400, and its APN is 30-21-13-007-2630. This is a remarkable opportunity for an experienced restaurateur seeking a well-established, high-potential location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $13,745,000
- ML approach
- $9,810,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,360,000
- 6.5%
- $9,560,000
- 7%
- $8,880,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $18,283,000
Market price range: $16.3M - $70.0M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2029
- Latitude
- 25.9274
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
