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Commercial: MLS #A11517965 Pinecrest, FL $ 198,000
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$ 198,000 Get more info
Commercial: MLS #A11517965
$ 198,000
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Commercial: MLS #A11517965

Pinecrest, FL, 33156
$ 198,000
Baths0.0 Sq 1,400

Monthly Estimate*

$ 1,383

MLS #/Web ID: A11517965 - Image 1
Studio

Commercial Property for sale in Pinecrest, FL

for $198,000. This building is 1,400 square feet.

Well known Cuban restaurant is available for sale in one of Miami-Dades most prestigious neighborhoods. The restaurant specializes in traditional Cuban pork dishes, from the cochinillo (suckling pig), to the crunchy ham croquettes that are handmade on the premises daily using homemade recipes. The menu includes such favorites as palomilla steak, arroz con frijoles (beans and rice), vaca frita de pollo (shredded chicken), pan con bistec, and luscious desserts including flan, guava cheesecake, and queso blanco con mermelada. The restaurant generates good cashflow and 2021 revenues closed at pre-pandemic levels. Ideal for an experienced restaurant entrepreneur seeking to acquire a restaurant with a great reputation in one of Miami-Dades highest per capita income neighborhoods.

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Commercial Active

Price

$ 198,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Pinecrest

County/Region

Miami-Dade

MLS | Web ID

A11517965
Features
General
Possession ClosingFunding SubjectToTenantRights
Percent Ownership Corporation
Gross Income 631314.0
Business Type Restaurant
County Miami-Dade County
Net Operating Income 193296.0
Operating Expense 751922.0
Insurance Expense 5209.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Pinecrest
Buyer Agent Compensation 5%
View Y/N N
Senior Community Y/N N
Zoning Description STORE : RETAIL OUTLE
MLS Area 30
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name S DIXIE HWY
Listing Terms Cash Other
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
Days on Market 68
Standard Status Active
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Exterior
Parking Features Common
Spa N
Building Area Total 1400.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Road Frontage Type CountyRoad CityStreet Highway
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
Your Home Sold Guaranteed Realty Associates

Broker

eduardo@eduardopazteam.com

Email

Affordability Calculator

$1,383
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,383
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/23/2024$198,000 -19.18% Price Down
1/19/2024$245,000 Listed Price

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