10455 SW 185th Ter, Cutler Bay, FL 33157 — MLS photo

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10455 SW 185th Ter, Cutler Bay, FL 33157

Active · BusinessOpportunity

$1,000,100

10455 SW 185th Ter, Cutler Bay, FL 33157

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2005
Lot size
—
HOA fee
—
Annual tax
—

About this property

Income producing property for sale! Excellent opportunity to own a Food Preparation Center that has been established for over 10 years, satisfied customers for over a decade. The business has 35 servers, 4 cooks and a chef, also 2 delivery vans. Licenses are up to date, equipment valued at over $170,000, all under current codes. Two grease traps inside the premises with current permits. Office for customer service, bathroom. Office equipment is also included. This business has no debts, and the owner is selling because he wants to retire. All documentation will be available at the time of acceptance of the offer. This business is generating a gross annual income of approximately $250,000, as well as other considerations, of approximately around $80,000.

Property location

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10455 SW 185th Ter, Cutler Bay, FL 33157

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity
Year built
2005

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12000370
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

-$1,957

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$4,741/mo
Down payment
$250,025
Loan amount
$750,075
Annual NOI
$33,408

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.