1223 Lincoln Rd, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Business Opportunity

$445,000

Overview

Property ID: 2485307

Restaurant/Entertainment
Property Type

Description

Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent of Lincoln Rd and with well over a million dollars in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross-to-Net ratio. An incredible location with a pristine restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants a successful business already established, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESFULL RESTAURANT IN MIAMI BEACH

Address

Open on Google Maps

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

Details

Updated on December 27, 2024 at 11:50 pm

Property ID 2485307
Price $445,000
Year Built 1925
Property Type Restaurant/Entertainment
Property Status Business Opportunity

Additional details

PublicSurveyRange 32
ShowingInstructions Appointment Only,Call Listing Agent
ListAgentKey 6a86c0a8d2f8322e4ab42df0df391751
InsuranceExpense 15113
TaxLegalDescription 33 34 53 42 COMM SUB 1 ADD PB 6-30 LOT 1 BLK 40 LOT SIZE 7500 SQUARE FEET OR 15942-4718-62 0593 4
YearEstablished 3
OnMarketDate 2024-04-22
ListAgentEmail thierry@broker-orlando.com
ContractStatusChangeDate 2024-04-22
MajorChangeTimestamp 2024-11-02T22:57:23.910Z
Flooring Ceramic Floor
PhotosCount 11
Cooling Central Building A/C
StatusChangeTimestamp 2024-11-02T22:57:23.910Z
SecurityFeatures Smoke Alarm,Smoke Detector(s)
FinancialDataSource Owner Provided
BuildingName PIZZETTE
NumberOfFullTimeEmployees 6
PriceChangeTimestamp 2024-04-22T18:50:11.370Z
ListingKeyNumeric 394883441
MajorChangeType Back On Market
ListingContractDate 2024-04-22
Zoning 6400
ListAOR A-Miami Association of REALTORS
ListOfficeName Villejust Brokerage LLC
OriginatingSystemKey miamire
BusinessType Restaurant
PhotosChangeTimestamp 2024-04-22T18:53:52.436Z
RoadFrontageType City Street
OriginatingSystemName Miami Association of REALTORS®
ListOfficePhone 407-928-0725
MlsStatus Active
StreetNumber 1223
ListingKey 463b52d845d3fd41093a7f8628cc4876
StateOrProvince FL
ShowingContactType Agent
ListOfficeKey 3fb6bd1ff507da0fc2c4e4a7ea222cfa
Directions From Mac Arthur Causeway, left on Alton, left on Lincoln. Business is on your left.
BridgeModificationTimestamp 2024-11-02T23:56:55.269Z
ListAgentFullName Thierry Pauquet de Villejust
ListAgentOfficePhone 407-928-0725
ParcelNumber 02-32-34-017-0150
ListingTerms All Cash
YearBuiltDetails Resale
OtherExpense 0
OperatingExpenseIncludes Accounting/Legal,Advertising,Electricity,Licenses,Payroll,Insurance,Rent,Repairs & Maintenance,Supplies,Trash,Utilities,Water/Sewer
IDXParticipationYN 1
SpecialLicenses Beer/Wine,City License,County License,Occupational License
InternetAddressDisplayYN 1
ListAgentMlsId 3295266
WaterSource Public
ModificationTimestamp 2024-11-02T22:57:23.910Z
BusinessName PIZZETTE
OriginatingSystemID miamire
DaysOnMarket 167
NetOperatingIncome 62868
ListOfficeMlsId BBOM01
Inclusions Equipment,Furniture/Fixtures,Leases,Trade Name, Business Only
ListAgentDirectPhone 407-928-0725
StreetNumberNumeric 1223
ParkingFeatures Common
PostalCodePlus4 2314
Sewer Public Sanitation
SyndicationRemarks Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent of Lincoln Rd and with well over a million dollars in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross-to-Net ratio. An incredible location with a pristine restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants a successful business already established, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESFULL RESTAURANT IN MIAMI BEACH
Heating Central Electric
StructureType Commercial
TotalActualRent 13300
ListAgentStateLicense 3295266
PublicSurveyTownship 32
StreetName Lincoln Rd
ListingAgreement Exclusive Right To Sell
PublicSurveySection 34
OriginalListPrice 445000
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN 1
InternetAutomatedValuationDisplayYN 1
OriginalEntryTimestamp 2024-04-22T18:50:11.370Z
SourceSystemKey 394883441
Ownership Corporation
LotFeatures Anchored Center,City Location
DocumentsAvailable Appraisal,Books & Records,Equipment Inventory,Financial Statement,Copy Of Lease(S)
ConstructionMaterials Frame
LotSizeSquareFeet 0
Electric 110 Volts Power,220 Volts
InternetConsumerCommentYN 1