975 125th St, North Miami, FL 33161-5742
- Turn key restaurants
- 1,874 SF
- 0.19 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 975 125th St
- Year built
- 1960
- Construction
- CONCRETE
- Lot size
- 0.19 lot acres
- Zone code
- 6000:COMMERCIAL,GENERAL
- Property type
- Turn key restaurants
- APN
- 06-2230-007-1610
- APU
- 622300071610
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 15, 2022 | $450,000 | Leaseflorida II LLC | Marie Josue Blanc | Warranty Deed | — |
| — | — | Marie J Blanc | — | Deed Of Trust · related | $113k · Q Mtg |
Description
This 1,767-square-foot freestanding restaurant building in North Miami, Florida (33161), presents a compelling investment opportunity. Located at 975 NE 125th St, this single-tenant property boasts excellent visibility on a busy road with high traffic volume. The building features ten parking spaces, a significant advantage for customers and staff. The property is zoned 6000 and has a total of one suite across one story. Previously occupied by a restaurant for over 20 years, the space includes two hoods, a walk-in cooler/freezer, and a grease trap requiring upgrades. While renovations are needed, the existing layout provides a solid foundation for a new restaurant concept. The property benefits from its proximity to a Planet Fitness and City Hall, and its location on a major thoroughfare leading to the beach and major highways. The surrounding area is experiencing significant new residential development, promising a growing customer base. The base rent is $47.53 per square foot per year, with an estimated CAM of $8.57 per square foot per year. A key money requirement of $25,000 is in place. APN: 06-22-30-007-1610.
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Location Insight
- Map
- Local Demand
- City
- North Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1789
- Latitude
- 25.8909
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
