Interior
- Bathrooms
- 0
Active · Commercial
$1,699,000
Miami Beach, FL 33169
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Exceptional Business Opportunity in South Beach. One of Miami's hottest location ! Boasting a prime corner location on Lincoln Road, this chic and fashionable bar and restaurant of 2750sqft. Hospitality industry, with a seating capacity of 122 ,and the potential to create sidewalk terraces, this restaurant is a vision of possibilities. Coming with a full liquor license, two bars, and the ability to stay open until 5 am, making it a magnet for late-night revelers and the nightlife crowd. Brand new posh nightclub just steps away promises to bring even more foot traffic to your doorstep. Fully renovated kitchen and a great rating on Google ! It's your chance to capitalize on this golden opportunity.
Property location
Get DirectionsMiami Beach, FL 33169
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Commercial
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11510964
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,325
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $8,054/mo
- Down payment
- $424,750
- Loan amount
- $1,274,250
- Annual NOI
- $56,752
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.