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Pizzette

$345,000

1223 Lincoln Rd, Miami Beach, FL 33139

Active
Last Updated: 04/04/2025

62,868

NOI

1925

Year Built

Details:
NOI:    $62,868
Year Built:    1925
Highlights:
  • Lot Features: Anchored Center, City Location
  • Documents Available: Appraisal, Books & Records, Equipment Inventory, Financial Statement, Copy Of Lease(S)
  • Cooling: Central Building A/C
  • Heating: Central Electric
  • Electric: 110 Volts Power, 220 Volts
  • Flooring: Ceramic Floor
  • Construction Materials: Frame
  • Parking Features: Common
  • Security Features: Smoke Alarm, Smoke Detector(s)
  • Insurance Expense: 15113
  • Ownership: Corporation
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. Incredible location & restaurant. Pizzette has an impeccable reputation and is always busy. Perfect for an investor/manager who wants an established successful business, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISHED SUCCESSFUL RESTAURANT IN MIAMI BEACH - Price is Firm!

Map:
Location
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