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1223 Lincoln Rd, Miami Beach, FL 33139
$380,000
1223 Lincoln Rd, Miami Beach, FL 33139View this property at 1223 Lincoln Rd, Miami Beach, FL 33139
1223 Lincoln RdMiami BeachFL33139
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Property Description
Back on the Market, due to a non-compete. Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent for Lincoln Rd and with well over a million dollar 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 as 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 ESTABLISH SUCCESFUL RESTAURANT IN MIAMI BEACH
Full Property Details
Full Property Details for 1223 Lincoln Rd
General
- Sold For: $380,000
- Taxes: $3,422 (2022)
- Status: Closed
- Type: Business
- MLS ID: A11465390
- Added to Site: 251 day(s) ago
Business
- Business Type: Restaurant
- Year Established: 3
Rental Information
- Approvals: Unapproved
Interior
- Flooring: Ceramic Floor
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Common, Other, On Street
Location
- County: Miami-Dade County
- Building Name: PIZZETTE
- Driving Directions: From Mac Arthur Causeway, left on Alton, left on Lincoln. Business is on your left.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric, Central Building A/C
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Anchored Center
- Detached/Attached: Detached
- Year Built: 1925
- Other Struct. Feat.: Heavy Traffic, Manager On Premises
Lot Features
- Lot Features: Anchored Center, Central Business District, Corner Unit
- Potential Use: Primary
- Zoning: 6400
Financial Considerations
- Insurance Fee: $34,347
- Tax Amount: $3,422
- Tax Year: 2022
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Buyer’s Brokerage Compensation: 5%
- Ownership: Corporation
- Documents Avail.: Books & Records, Inventory, Copy Of Lease(S), Rent Rolls, Tax Return
- Legal Description: 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
- Inclusions: Equipment, Furniture/Fixtures, Leases, Trade Name, Business Only
- Property ID: 02-32-34-017-0150
Listed and Sold by Villejust Brokerage LLC
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Schools
Schools serving 1223 Lincoln Rd
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1420 Washington Ave, Miami Beach, FL 33139 | PK-8 | 0.7 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 24.9 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.7 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 0.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 20.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1223 Lincoln Rd
Date
Details
Price
Change
Source
2/08/2024
Sold
$380,000
-23.85%
MLS
9/12/2023
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1223 Lincoln Rd, Miami Beach, FL 33139 (MLS# A11465390) is a Business property that was sold at $380,000 on February 08, 2024. Want to learn more about 1223 Lincoln Rd? Do you have questions about finding other Business real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.