11230 137Th AveMiami, FL 33186

Property Details for 11230 137Th Ave

Year built

1986

Construction

CONCRETE

Lot size

2.90 AC

Property size (Sq ft)

44,325 SF

Zone code

6200:COMMERCIAL,ARTERIAL

Property type

Community centers

APN

30-5910-023-0020

APU

3059100230020

Description

This thriving Miami restaurant, located at 11230 SW 137th Ave in Kendall, presents a unique turnkey opportunity. Established in 1986 and successfully owner-operated for the past five years, this well-regarded establishment boasts a loyal customer base drawn to its diverse Cuban menu. The restaurant offers breakfast, lunch, and dinner service, complemented by convenient delivery and takeout options. With a comfortable seating capacity for 60 guests and ample on-site parking, accessibility is a key advantage. All necessary licenses and permits are current, including those for beer and wine sales. The fully equipped kitchen is a significant asset, featuring a walk-in cooler, a substantial 13-foot exhaust hood, and a 900-gallon grease trap. This turnkey operation is priced at $220,000 and is situated within a busy shopping center on 137th Avenue, ensuring high visibility and foot traffic. This represents a compelling investment opportunity in a vibrant Miami neighborhood. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $18,473,838

  6.5%

  $17,052,774

  7%

  $15,834,718

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,754,027

  Geo Method

  $15,754,027

• Alternative Use

  Use

  Valuation

  Residential

  $14,384,653

  Hospitality

  $13,176,264

  Educational

  $10,962,497

  Medical

  $11,339,514

  Retail

  $17,052,774

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.6628

Longitude

-80.4169

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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