Property profile

58 14Th St Miami, FL 33132

OFF-MARKET
Retail properties & Spaces
Property ID
US18-4054023
Built 2019
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located in the vibrant Edgewater neighborhood of Miami, Florida, at 58 NE 14th Street, zip code 33132. Built in 2019, this well-established eatery is situated within the Art Plaza building and benefits from a high-density residential area, with approximately 3,000 living units within two blocks. The property's convenient location is just two blocks from the Performing Arts Center (PAC), ensuring consistent foot traffic and visibility. The restaurant boasts both indoor and outdoor dining areas, catering to a diverse clientele. All necessary permits and licenses are current, and the kitchen equipment, including the hood and grease trap, are in excellent condition. The asking price for this fully equipped and operational restaurant is $775,000. This presents a rare chance to acquire a thriving business in a prime location with significant growth potential. The property is classified as retail, specifically a restaurant, and offers a seamless transition for a new owner. The property's strong performance since its opening in 2019 speaks to its established customer base and the desirability of its location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
UPID US18-4054023

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist
  • Grocery & Convenience Store Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • Limousine Service
  • Charitable Organization Social Service Agency

Location

58 14Th St Miami, FL 33132
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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

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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