[Address not provided], Miami, FL 33127 - Photo 1

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$575,000 -$124,000 (-17.74%) Price Reduced

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Property Description

** ** MOTIVATED SELLER - 100% ABSENTEE BUSINESS ** ** 10-Year Established Smoke Lounge Located in the HEART of Wynwood!!! **Generating CLOSE TO $800,000+ per year (on books) **Hookah profit margins 80%+ **Asking $575,000 **Owner Financing Available (to qualified buyers) "¢ Open 6PM-2AM ?? "¢ Fully operational with absentee owner "¢ Strong, loyal, young crowd "¢ Turnkey - already producing solid revenue **HUGE UPSIDE OPPORTUNITY: **Business is not being fully utilized (absentee ownership) **Hands-on operator can significantly increase revenue **OPPORTUNITY TO EARN EXTRA INCOME **Approx. 3,000 sq ft location **Neighbor has written offer to lease ~300 sq ft for storage **Willing to pay $6,000/month **Built-in additional income + operational upside **Serious buyers only **Proof of funds required **Owner financing available to qualified buyers **Confidential

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Full Property Details

Full Property Details for MLS# A11990324

General

Price: $575,000
Status: Active
Type: Business
Source: Greater_Miami
MLS ID: A11990324
Updated: 8/19/2026
Added to Site: 149 day(s) ago

Business

Business Type: Bar/Lounge Only, Lounge, Restaurant
Year Established: 2016

Additional Information

Security/Safety: Security Fence, Security Gate

Location

County: Miami-Dade County
Building Name: This is a Hookah Lounge
Driving Directions: In the heart of Wynwood

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Building A/C
Heating Type: Central Electric, Central Building A/C

Utilities

Sewer: Public Sanitation
Water: Public

Structural Information

Structure Type: Commercial, Lounge, Restaurant
Detached/Attached: Detached
Other Struct. Feat.: Cocktail Lounge, Entertainment, Heavy Traffic, Kitchen Facilities, Landscaped, Manager On Premises, Open Storage, Outside Storage, Pedestrian Traffic, Private Restrooms, Restaurant, Separate Office Area

Lot Features

Lot Features: Central Business District, City Location
Zoning: Commercial
Fencing (Description): Fenced

Financial Considerations

Insurance Fee: $5,000
Terms: All Cash, Assumable, Owner Will Carry, Secondary Financing

Disclosures and Reports

Documents Avail.: Books & Records, Equipment Inventory, Financial Statement, Copy Of Lease(S)
Inclusions: Business Only

Listed by U.S.A. Lending & Realty, Inc.

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Price & Sales History for MLS# A11990324 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/19/2026

Price Reduced

$575,000

-17.74%

MLS

3/26/2026

Listed

$699,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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MLS# A11990324, Miami, FL 33127 (MLS# A11990324) is a Business property. MLS# A11990324 is currently listed for $575,000 and was received on March 26, 2026. Want to learn more about MLS# A11990324? Do you have questions about finding other Business real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

MLS# A11990324 Miami, FL 33127