Commercial: MLS #A11397332 Coconut Grove, FL $ 5,200,000
Commercial: MLS #A11397332
$ 5,200,000
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Commercial: MLS #A11397332

Coconut Grove, FL, 33133
$ 5,200,000
Baths0.0

Monthly Estimate*

$ 34,561

MLS #/Web ID: A11397332 - Image 1
MLS #/Web ID: A11397332 - Image 2
MLS #/Web ID: A11397332 - Image 3
MLS #/Web ID: A11397332 - Image 4
MLS #/Web ID: A11397332 - Image 5
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Studio

Commercial Property for sale in Coconut Grove, FL

for $5,200,000.

Extraordinary Opportunity: Thriving Italian Restaurant in Coconut Grove.This well-established establishment boasts an impressive gross revenue of over $5,000,000, with a remarkable profit margin of 27%. One of its many advantages is the remarkably low monthly rent making it an incredibly lucrative venture. Situated on a prestigious avenue in Coconut Grove, a luxurious and verdant neighborhood, the restaurant is surrounded by charming sidewalk cafes, trendy shops, and the bustling CocoWalk mall. Equipped with a state-of-the-art kitchen.Dedicated and trained staff is already in place, ensuring a smooth transition for the new owner. With 90 seats and a charming outdoor area .parking.qualify to na E2 visa or green card.

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Commercial Active

Price

$ 5,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Town/City

Coconut Grove

County/Region

Miami-Dade

MLS | Web ID

A11397332

Features
General
Property SubType Business
Business Type Restaurant
County Miami-Dade County
Insurance Expense 0.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions COCONUT GROVE
City Coconut Grove
Buyer Agent Compensation 4.5%
View Y/N N
Senior Community Y/N N
MLS Area 41
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name COCONUT GROVE
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11397332
Days on Market 317
Standard Status Active
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Exterior
Spa N
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Beachfront Realty Inc

Broker

305-582-9983

Contact

Affordability Calculator

$34,561
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,561
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2023$3,990,000 -11.33% Price Down
6/30/2023$4,500,000 -9.98% Price Down
6/2/2023$4,999,000 Listed Price

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