For Sale
$725,000

12551 Biscayne Blvd North Miami, FL 33181

Profitable, established eatery, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional, upscale restaurant in North Miami, located at 12551 Biscayne Blvd, is offered for sale at $725,000. The 1,824 square foot, single-story building boasts a Class A finish and is situated in a high-traffic area neighboring the North Miami and Aventura submarkets. Completely renovated in 2022, the restaurant features a modern interior, high-quality fixtures, furniture, and equipment (FF&E). It comfortably seats 64 patrons indoors and can accommodate up to 10 additional guests outdoors. The property includes licenses for beer and wine sales and features an attractive bar area. Currently operating at 100% occupancy since its opening on November 1, 2022, the restaurant operates under a triple net (NNN) lease with a remaining term of approximately 2.9 years, expiring October 31, 2027. The lease includes options to renew for 3 or 5 years, providing long-term security for the new owner. The current rent is significantly below market rates. This is a confidential sale, and the ownership entity is a Florida corporation. The sale is an owner-user investment opportunity. This turnkey operation presents a rare opportunity to acquire a thriving restaurant business in a desirable location.

Highlights

  • Upscale restaurant in prime North Miami/Aventura location.
  • Turnkey operation with brand-new (2022) interior, equipment, and furniture.
  • Seating for 64 inside, plus outdoor seating for 10.
  • Beer & wine license; attractive bar area.
  • Confidential sale; NDA required.
  • Below-market rent; lease with 3 five-year options.

Property Details for 12551 Biscayne Blvd

Property type
Commercial real estate
Square Feet
1,824 SF
Class
A
Year Renovated
2022
Buildings
1
Stories
1
Units
1

Location Insight

City
North Miami
County
Miami-Dade
State
Florida
Latitude
25.891387
Longitude
-80.162564

FAQs

What type of property is this?
Commercial real estate - Profitable, established eatery, prime location.
Where is the commercial real estate located?
The property is located at 12551 Biscayne Blvd North Miami, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Upscale restaurant in prime North Miami/Aventura location.; Turnkey operation with brand-new (2022) interior, equipment, and furniture.; Seating for 64 inside, plus outdoor seating for 10.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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12551 Biscayne Blvd
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