Interior
- Bathrooms
- 0
- Flooring
- Ceramic Tile
Active · BusinessOpportunity
$300,000
Collins Ave, Sunny Isles Beach, FL 33160
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- —
- HOA fee
- —
- Annual tax
- $0
About this property
This is an asset sale of a fully equipped and running restaurant located in busy Collins Ave. Great area with tons of walking customers and lots of tourists. Plenty of free parking for customers and employees. Business is actively running and is profitable. Owner is looking for a change of profession. 1600 sqf. with 50 seat capacity inside and 8 seat capacity outside. 2COP beer and wine license and all other permits included and up to date.
Property location
Get DirectionsCollins Ave, Sunny Isles Beach, FL 33160
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Facts & features
Exterior & Structure
- Property type
- BusinessOpportunity
Parking
- Covered spaces
- 0
- Parking features
- Free Parking
HOA, Community & Financials
- Security
- Fire Sprinkler System
- Annual tax
- $0
- County
- Miami-Dade
- Days on market
- 1
- MLS listing ID
- A11990331
- 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
-$112
- Cap rate
- 5.2%
- Net yield
- 5.2%
- Cash-on-cash return
- -1.6%
- Gross yield
- 6.6%
- Mortgage payment
- $1,422/mo
- Down payment
- $75,000
- Loan amount
- $225,000
- Annual NOI
- $15,720
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.