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667 Lincoln Rd # 667, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

$1,700,000

Commercial Sale Active

667 Lincoln Rd # 667, Miami Beach FL 33139

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Commercial Sale Active

667 Lincoln Rd # 667, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

667 Lincoln Rd # 667, Miami Beach FL 33139

$1,700,000

Overview

Restaurant/Entertainment
Property Type

1935
Year Built

Description

POSSIBLE SELLER FINANCING!
A True Once in a Lifetime Opportunity to Purchase a Profitable Turn-Key Restaurant in the Heart of Lincoln Road, South Beach. Over 11 Million People Visit Lincoln Road Each Year – This Highly Profitable Restaurant Benefits From a Constant Stream of Foot Traffic From Tourists and Locals Alike.
Current 2cop (Beer & Wine) License, as Well as Additional Revenue Streams, Which Are Ready and Waiting to be Activated. Over $200,000 Recently Invested, Including New Tables, Chairs, Umbrellas, New $40k Pizza Oven PLUS All New Kitchen Equipment, Refrigerators and Freezers.
New Owner Can Take Over the Current Restaurant and Continue to Operate It as a Pizza/Italian Restaurant and Grow the Revenue – or Can Launch a New Concept in the Heart of Lincoln Road.

Address

Open on Google Maps

Address Lincoln Rd
City Miami Beach
State/county Miami-Dade County
Zip/Postal Code 33139

Details

Updated on September 3, 2024 at 7:20 pm

Property ID: A11651851
Price: $1,700,000
Year Built: 1935
Property Type: Restaurant/Entertainment
Property Status: Commercial Sale

Additional details

PublicSurveyRange: 32
ShowingInstructions: 24 Hour Notice,See Broker Remarks,Showing Assist
ListAgentKey: abadfce6be56d55d338e83fc82cd62c5
TaxLegalDescription: LINCOLN ROAD CONDO UNIT 667 UNDIV 0.134977690 % INT IN COMMON ELEMENTS OFF REC 27331-4477
OnMarketDate: 2024-09-01
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-09-01
MajorChangeTimestamp: 2024-09-03T16:35:41.997Z
Flooring: Ceramic Floor,Terrazzo,Tile
PhotosCount: 10
Cooling: Central Building A/C,Exhaust Fan
StatusChangeTimestamp: 2024-09-02T20:20:18.027Z
SecurityFeatures: Other Fire Protection,Smoke Alarm,Smoke Detector(s),Security System
FinancialDataSource: Owner May Show Books
PriceChangeTimestamp: 2024-09-03T16:35:41.997Z
ListingKeyNumeric: 400382803
MajorChangeType: Price Increase
ListingContractDate: 2024-09-01
Zoning: 6600
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 40158
ListOfficeName: Keller Williams Eagle Realty
CurrentUse: Retail
OriginatingSystemKey: miamire
BusinessType: Restaurant/Bar
PhotosChangeTimestamp: 2024-09-02T20:32:07.225Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-757-1700
MlsStatus: Active
StreetNumber: 667
LeaseTerm: 7-10 Year Lease
ListingKey: 2406fc8fc9b120df7a0e179140b17040
StateOrProvince: FL
ListOfficeKey: 6d64900bedd24bde37e3cbbbd32790fb
Directions: Lincoln Rd at Euclid
BridgeModificationTimestamp: 2024-09-03T16:37:39.279Z
ListAgentFullName: Ronald Sadaka
Roof: Built-Up,Composition Roll
ListAgentOfficePhone: 305-757-1700
GrossIncome: 1000000
ParcelNumber: 02-32-34-219-0030
ListingTerms: Options Available,All Cash,Conventional/Refinance,Owner Will Carry
YearBuiltDetails: Resale
OtherExpense: 0
Possession: Funding,Rental Agreement
LeaseConsideredYN: 1
IDXParticipationYN: 1
SpecialLicenses: City Licenses,County Licenses
InternetAddressDisplayYN: 1
ApprovalStatus: Unapproved
ListAgentMlsId: 0267577
WaterSource: Public
ModificationTimestamp: 2024-09-03T16:35:41.997Z
OriginatingSystemID: miamire
PreviousListPrice: 1600000
DaysOnMarket: 2
UnitNumber: 667
ListOfficeMlsId: KWER01
Inclusions: Business,Fixtures,Furniture,Inventory,Leases,Machinery, Equipment,Furniture/Fixtures,Inventory,License
ListAgentDirectPhone: 305-209-4904
StreetNumberNumeric: 667
ParkingFeatures: Common,Off Site,Shared Parking,On Street
PostalCodePlus4: 2915
NumberOfUnitsInCommunity: 1
Sewer: Public Sanitation
SyndicationRemarks: POSSIBLE SELLER FINANCING! A True Once in a Lifetime Opportunity to Purchase a Profitable Turn-Key Restaurant in the Heart of Lincoln Road, South Beach. Over 11 Million People Visit Lincoln Road Each Year - This Highly Profitable Restaurant Benefits From a Constant Stream of Foot Traffic From Tourists and Locals Alike. Current 2cop (Beer & Wine) License, as Well as Additional Revenue Streams, Which Are Ready and Waiting to be Activated. Over $200,000 Recently Invested, Including New Tables, Chairs, Umbrellas, New $40k Pizza Oven PLUS All New Kitchen Equipment, Refrigerators and Freezers. New Owner Can Take Over the Current Restaurant and Continue to Operate It as a Pizza/Italian Restaurant and Grow the Revenue - or Can Launch a New Concept in the Heart of Lincoln Road.
Heating: Central Electric,Central Gas
StructureType: Restaurant,Retail
ListAgentStateLicense: 0267577
PublicSurveyTownship: 32
StreetName: Lincoln Rd
ListOfficeFax: 305-759-8991
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 34
SpecialListingConditions: Sale
NumberOfBuildings: 1
OriginalListPrice: 1600000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
AccessibilityFeatures: Accessible Parking
BuildingFeatures: City Licenses,Compressed Natural Gas,County Licenses,Exterior Lighting,Heavy Traffic,Kitchen Facilities
OriginalEntryTimestamp: 2024-09-02T20:20:18.027Z
SourceSystemKey: 400382803
LotFeatures: Anchored Center,Beach Access,Shopping Center
DocumentsAvailable: Books & Records,Bylaws And Documents,Financial Statement,Investment Analysis,Inventory,Copy Of Lease(S),Owner Managed,Personal Property Inventory
LotSizeSquareFeet: 4000
BuildingAreaTotal: 1089