Discover this remarkable 120-seat, 5,500-square-foot venue, perfectly situated on Ocean Drive, Miami Beach, Florida, the third most visited location in the State of Florida. Currently operating as a restaurant and a premier event space, it hosts all kinds of parties and a wide range of other events. Its clientele primarily consists of loyal patrons who already know and love the venue, but with the right marketing strategy, the growth potential is immense—this business could generate $5–6 million annually with minimal overhead.
This is an unparalleled opportunity for the right buyer to capitalize on a unique property in a thriving location. The venue combines a prime spot, unbeatable rent, and significant earning potential. Don’t miss the chance to make this venue your own! PFS and NDA
Miami Beach, FL, 33139
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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