10471 Kendall DrMiami, FL 33176

  • Mixed-use properties
  • 48,788 SF
For Sale
$300,000 View listing

Property Details for 10471 Kendall Dr

Year built
1982
Construction
CONCRETE
Lot size
2.59 AC
Property size (Sq ft)
48,788 SF
Zone code
6900:SEMI PROFESS OFFICE
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
30-4032-040-0010
APU
3040320400010

Description

This thriving Argentinian restaurant in Miami, Florida, presents a unique investment opportunity. Located at 10471 N Kendall Dr, Miami, FL 33176, this well-established eatery boasts a loyal customer base and significant growth potential. The restaurant comfortably seats up to 88 guests inside, with additional seating available on the outdoor patio, ideal for alfresco dining. A fully licensed establishment, it offers beer and wine service. Adding to its appeal, the restaurant is renowned for its vibrant weekend live shows, creating a distinctive dining experience. The business enjoys a stellar 5-star Google rating, a testament to its authentic Argentinian cuisine, excellent service, and inviting ambiance. A convenient storage area is also included on the premises. This turnkey operation is situated in a high-traffic area, attracting both locals and tourists, making it an attractive proposition for both investors and restaurateurs seeking a ready-to-run business. The asking price for this exceptional opportunity is $300,000. This property is located in Miami-Dade County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,152,434
    6.5%
    $15,833,016
    7%
    $14,702,086
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,665,642
    Geo Method
    $10,665,642
  • Alternative Use

    Use
    Valuation
    Residential
    $15,833,016
    Hospitality
    $14,502,957
    Educational
    $12,066,290
    Medical
    $12,481,269
    Retail
    $18,769,784
10471 Kendall Dr, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.6876
Longitude
-80.3633
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$194,161
$4,512,800
$6,872,200
$11,385,000
-
$4,512,800
$6,872,200
$11,385,000

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