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Property profile & analytics
OFF-MARKET
Retail space

7601 Treasure Dr Ste Cu-12 North Bay Village, FL 33141-4381

1,135 SF Built 1987
Individually Owned 16-yr Hold Free & Clear
Property ID
US18-2432327
Property summary
AI-generated overview

This exceptional turn-key restaurant and bar opportunity in North Bay Village, Florida, presents a compelling investment prospect. Located at 7601 E Treasure Dr, this established business, operating since 1993 as the "BAY MINI MARKET," boasts a substantial 2,676 square foot space spread across five stories. The property includes all necessary licenses and permits, along with existing inventory, ensuring a smooth transition for the new owner. Its strategic location offers significant advantages, situated just 1.8 miles from Miami Beach (Collins Ave, 71st Street), and within a 20-minute drive of Miami International Airport and the I-95 freeway. The surrounding area features numerous apartment buildings and various services, contributing to a strong customer base. The business also holds a wine and beer license and benefits from a 24-hour security unit (CU-18). The asking price is $650,000. While financial and tax information requires further verification, this property offers a rare chance to acquire a profitable, established business in a prime location. Detailed financial information is available upon request. The building was constructed in 1987.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Total area 1,135 SF
Zoning code 6300:COMMERCIAL,RESTRICT
APN 23-3209-041-6060
UPID US18-2432327
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
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
by Request
Owner & transaction history
Palace Yacht Club In Grandview · 16 yrs held
Palace Yacht Club In Grandview
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · North Bay Village, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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