930 79Th StMiami, FL 33138

Property Details for 930 79Th St

Year built

1957

Construction

CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

1,679 SF

Zone code

6101

Property type

Turn key restaurants

APN

01-3207-016-3550

APU

132070163550

Description

This thriving restaurant, Habibi Kush, presents a unique opportunity for expansion in the vibrant Miami market. Located at 930 NE 79th St, Miami, FL 33138, this 2020-built establishment boasts a prime location within Miami-Dade County. Currently configured with 48 seats, the business offers both indoor and outdoor dining options, catering to a diverse clientele. The property is classified as retail and specifically functions as a fully operational restaurant. The current owner is open to discussing terms and conditions for a potential sale, presenting a flexible approach to interested parties. The existing infrastructure provides a solid foundation for immediate operation and significant growth. With a clear path to expand seating capacity to 120, this restaurant offers substantial potential for increased revenue and market share. The asking price is negotiable, making this a compelling investment opportunity in a dynamic and high-growth area of Miami. This turnkey operation is ready for a new owner to capitalize on its existing success and realize its considerable expansion potential. The property's location in Miami, Florida, offers excellent access to a large and diverse customer base. Serious inquiries are encouraged to explore this exciting opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $1,601,280

  6.5%

  $1,478,105

  7%

  $1,372,526

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,619,911

  Geo Method

  $1,619,911

• Alternative Use

  Use

  Valuation

  Residential

  $1,246,837

  Hospitality

  $1,142,096

  Educational

  $950,210

  Medical

  $982,889

  Retail

  $1,478,105

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.8478

Longitude

-80.1774

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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