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550 Biltmore Way

$144,000

550 Biltmore Way, Miami, FL 33134

Active
Last Updated: 04/18/2025

1986

Year Built

 
Details:
Year Built:    1986
Highlights:
  • Documents Available: Aerial Photo(S), Contracts, Owner Managed, Photos, Tax Return
  • Cooling: Central Building A/C
  • Heating: Central Electric
  • Insurance Expense: 100
Description:

Take out restaurant with 12 dining tables at the building's lobby for client's use & access to the ally for unloading and easy access for delivery through applications. All equipment, menu and inventory included. Guaranteed lease until 2030 at only $1,650 a month, with minimum annual adjustment (includes water and garbage removal, which in Coral Gables the city charges $1,100 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, parking & a separated office/storage space of about 150 sf and 8 feet high. It has no violations, is in excellent terms with the city. Adding front building's terrace is negotiable!

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