550 Biltmore Way Coral Gables, FL $ 236,000
550 Biltmore Way
$ 236,000
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550 Biltmore Way

Coral Gables, FL, 33134
$ 236,000
Baths0.0 Sq 290,520

Monthly Estimate*

$ 1,649

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View a Virtual Tour
Studio

Commercial Property for sale in Coral Gables, FL

for $236,000. This 290,520 square foot building was built in 1986.

AMAZING OPPORTUNITY!! RESTAURANT FOR SALE IN AN INCREDIBLE LOCTION! All equipment, menu and inventory included. Guaranteed monthly lease until 2030 at only $1,600, with minimum annual adjustment (includes water and garbage removal, which in Coral Gables the city charges $1,000 for). Grease trap meets all the requirements of the annual DERM inspection. Fully equipped kitchen separated from retail with a large stainless steel hood (not all have it) and direct access to the street alley for loads/delivery. It has no violations, is in excellent terms with the city and has the alcohol license in process (buyer can continue with the process to obtain it). Working only from 9am to 2pm and from Monday to Friday generates an average gross of $20,000 a month, without delivery service. CALL NOW!

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Commercial Active

Price

$ 236,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1986

Town/City

Coral Gables

County/Region

Miami-Dade

MLS | Web ID

A11549425

Features
General
Sewer PublicSewer
Heating Central Electric Gas Oil SpaceHeater
Cooling CentralAir
Year Built 1986
Business Type Restaurant
Building Name PATAGONIA EXPRESS
Business Name PATAGONIA EXPRESS
County Miami-Dade County
Insurance Expense 100.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Coral Gables
Buyer Agent Compensation 5%
View Y/N N
Senior Community Y/N N
Zoning Description 5005
MLS Area 41
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Biltmore Way
Listing Terms Cash Conventional OwnerMayCarry
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.instagram.com/reel/C4bxIZELgwP/
Days on Market 45
Standard Status Active
Legal Description CORAL GABLES BILTMORE SEC PB 20-28 LOTS 1 THRU 15 BLK 7 LOT SIZE 375.000 X 120 OR 18134-0921 0698 4 COC 22791-1505 10 2004 1
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Interior
Flooring Marble Slate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public
Spa N
Building Area Total 290520.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 550
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* Excluded Features
List By
Realty One Group Royal Oaks

Broker

christian_ferreyra@hotmail.com

Email

Affordability Calculator

$1,649
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,649
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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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
4/26/2024$236,000 -0.42% Price Down
4/22/2024$237,000 -0.42% Price Down
4/16/2024$238,000 -4.03% Price Down
4/11/2024$248,000 -0.40% Price Down
4/6/2024$249,000 -0.40% Price Down
3/30/2024$250,000 -3.47% Price Down
3/14/2024$259,000 -0.38% Price Down
3/13/2024$260,000 Listed Price

Map


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550 Biltmore Way, Coral Gables, FL, 33134 is a Commercial Property for sale at $236,000 with 290,520 sqft. 550 Biltmore Way is a studio with 0.0 baths and was built in 1986. The property's zip code is 33134 which is in Coral Gables, FL