Interior
- Bathrooms
- 0
Active · BusinessOpportunity
$110,000
HIGHLY PROFITABLE Restaurant-Bar For Sale on 8th St, Miami, FL 33144
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- —
- HOA fee
- —
- Annual tax
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About this property
Consisting of about 1,500 Sq Ft, the space features A Full Bar Area, a Full-Service Kitchen with Hood, a stage for a live DJ, and a VIP lounge. The business produces, on average, over $50K a month, and we are willing to show the books to the right candidate. The rent is below market value, and we are willing to help acquire a favorable lease. All permits are up to date with active GDO + Beer and Wine. To take over this established business with employees and all, CALL US ANYTIME, WE PICK UP!!!
Property location
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Facts & features
Exterior & Structure
- Property type
- BusinessOpportunity
Parking
- Covered spaces
- 0
HOA, Community & Financials
- County
- Miami-Dade
- Days on market
- 357
- MLS listing ID
- A11763597
- Listing status
- Active
Virtual tour
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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
-$251
- Cap rate
- 2.9%
- Net yield
- 2.9%
- Cash-on-cash return
- -9.8%
- Gross yield
- 6.6%
- Mortgage payment
- $521/mo
- Down payment
- $27,500
- Loan amount
- $82,500
- Annual NOI
- $3,244
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.