This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
[Address not provided], Coconut Grove, FL 33133
$5,200,000
[Address not provided], Coconut Grove, FL 33133View this property at [Address not provided], Coconut Grove, FL 33133
[Address not provided]Coconut GroveFL33133
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
Extraordinary Opportunity: Thriving Italian Restaurant in Coconut Grove.This well-established establishment boasts an impressive gross revenue of over $5,000,000, with a remarkable profit margin of 27%. One of its many advantages is the remarkably low monthly rent making it an incredibly lucrative venture. Situated on a prestigious avenue in Coconut Grove, a luxurious and verdant neighborhood, the restaurant is surrounded by charming sidewalk cafes, trendy shops, and the bustling CocoWalk mall. Equipped with a state-of-the-art kitchen.Dedicated and trained staff is already in place, ensuring a smooth transition for the new owner. With 90 seats and a charming outdoor area .parking.qualify to na E2 visa or green card.
Full Property Details
Full Property Details for MLS# A11397332
General
- Price: $5,200,000
- Status: Active
- Type: Business
- MLS ID: A11397332
- Updated: 4/24/2024
- Added to Site: 344 day(s) ago
Business
- Business Type: Restaurant
Location
- County: Miami-Dade County
- Driving Directions: COCONUT GROVE
Structural Information
- Structure Type: Restaurant
- Detached/Attached: Detached
Disclosures and Reports
- Buyer’s Brokerage Compensation: 4.5%
- Inclusions: Business Only
Listed by Beachfront Realty Inc
Get Pre-Approved Today
Price & Sales History for MLS# A11397332
Date
Details
Price
Change
Source
4/24/2024
Price Reduced
$5,200,000
-20%
MLS
2/28/2024
Price Increased
$6,500,000
30.26%
MLS
1/04/2024
Price Increased
$4,990,000
25.06%
MLS
7/10/2023
Price Reduced
$3,990,000
-11.33%
MLS
6/30/2023
Price Reduced
$4,500,000
-9.98%
MLS
6/02/2023
Listed
$4,999,000
499800%
MLS
6/10/2014
Sold
$1,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for MLS# A11397332
Year
Property Taxes
Change
Tax Assessment
Change
2023
$12,920
45%
$944,492
101%
2021
$8,895
-3%
$470,383
—
2022
$9,166
3%
$470,333
—
2021
$8,895
12%
$470,432
45%
2019
$7,977
10%
$324,958
10%
2018
$7,257
—
$295,417
-40%
2017
$7,274
6%
$495,108
103%
2016
$6,867
8%
$244,147
10%
2015
$6,384
13%
$221,952
10%
2014
$5,668
36%
$201,775
10%
2013
$4,155
—
$183,432
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for MLS# A11397332
MLS# A11397332, Coconut Grove, FL 33133 (MLS# A11397332) is a Business property. MLS# A11397332 is currently listed for $5,200,000 and was received on June 02, 2023. Want to learn more about MLS# A11397332? Do you have questions about finding other Business real estate for sale in Coconut Grove? You can browse all Coconut Grove real estate or contact a Coldwell Banker agent to request more information.