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$195,000
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Property Description
Unique opportunity to acquire Caminito Way, a well-established Argentinian restaurant with a long history in the Miami area. Known for its authentic Argentinian concept and established presence, the business is located in North Miami, just east of Biscayne Blvd. Sale includes the business, equipment, furniture/fixtures, inventory and trade name. Existing lease through December 31, 2027, with two additional 3-year renewal options. Excellent opportunity to continue an established restaurant concept with history and growth potential. Contact listing agent for additional information and showings
Full Property Details
Full Property Details for 1960 NE 123rd
General
- Price: $195,000
- Status: Active
- Type: Business
- Source: Greater_Miami
- MLS ID: A12083763
- Updated: 9/22/2026
- Added to Site: 18 day(s) ago
Business
- Name: Caminito Way
- Business Type: Business, Food & Beverage, Restaurant
- Year Established: 1999
Interior
- Flooring: Ceramic Floor, Concrete, Tile
Parking
- Total Spaces: 2
- Parking Features: Additional Spaces Available, Common, Free Parking
Location
- County: Miami-Dade County
Utilities
- Electric Available: Yes
Structural Information
- Structure Type: Restaurant, Shopping Center
- Detached/Attached: Detached
- Other Struct. Feat.: Kitchen Facilities, Private Restrooms, Public Restrooms, Rear Access, Restaurant, Storage
Lot Features
- Lot Features: Corner Unit
- Zoning: 3700
Financial Considerations
- Insurance Fee: $2,637
- Operating Expenses: $251,788
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Documents Avail.: Equipment Inventory, Copy Of Lease(S), Personal Property Inventory, Photos
- Inclusions: Equipment, Furniture/Fixtures, Inventory, Trade Name, Business Only
Listed by Macken Realty Inc
Get Pre-Approved Today
Schools
Schools serving 1960 NE 123rd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
David Lawrence Jr. K-8 Center 15000 Bay Vista Boulevard, North Miami, FL 33181 | PK-5 | 1.9 mi |
North Miami Middle School 700 Northeast 137th Street, North Miami, FL 33161 | 6-8 | 1.8 mi |
Alonzo And Tracy Mourning Senior High Biscayne Bay Campus 2601 Ne 151st St, Miami, FL 33160 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1960 NE 123rd
Date
Details
Price
Change
Source
9/04/2026
Listed
$195,000
1047.06%
MLS
7/02/2024
Sold
$17,000
—
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 1960 NE 123rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,334
103%
$1,190,000
66%
2024
$14,955
13%
$717,887
2%
2023
$13,292
-7%
$701,463
4%
2021
$14,299
-7%
$672,173
-4%
2022
$15,384
—
$701,463
4%
2021
$15,388
5%
$676,239
9%
2019
$14,629
9%
$620,891
10%
2018
$13,469
5%
$564,447
-17%
2017
$12,854
4%
$678,278
45%
2016
$12,314
20%
$466,486
10%
2015
$10,240
9%
$424,079
10%
2014
$9,397
-1%
$385,527
-1%
2013
$9,506
—
$388,902
—
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 1960 NE 123rd
1960 NE 123rd, North Miami Beach, FL 33181 (MLS# A12083763) is a Business property. 1960 NE 123rd is currently listed for $195,000 and was received on September 04, 2026. Want to learn more about 1960 NE 123rd? Do you have questions about finding other Business real estate for sale in North Miami Beach? You can browse all North Miami Beach real estate or contact a Coldwell Banker agent to request more information.

