13980 232nd St - Specialty FOR SALE


Miami, FL 33170
$3,540,000 USD
786-796-7055
13980 232nd St, Miami, FL for Sale
$3,540,000 USD
Specialty - FOR SALE
1/58
null | 10.01% Cap Rate

NEW


13980 232nd St
Miami, FL 33170


HIGHLIGHTS

  • Revenue-generating event hall convenient to Miami and the South Florida.
  • Business, House and Land are included in the sale.
  • There are already a significant amount of bookings for 2025 /2026.
  • 4.2 Acre easily maintained property.
  • Miami is great market for wedding, quinces, sweet sixteen, corporative events, music concert.
  • 376,153.47 Net income.

OVERVIEW

This investment opportunity offers the chance to purchase a well-established event venue in Miami, Florida, a leading destination for weddings and events in the U.S. The venue is listed at $3,550,000, and a net income of $354,313.19. The cap rate is 10.1%, making it a profitable turnkey business. Additionally, down payments for contracts extending through 2025 -2026 will be reimbursed at closing or deducted from the final price, reducing the asking price to $3,540,000.The property covers 4.7 acres and includes a ceremony area for up to 200 guests, a Farm-style cocktail area with Bar , and a Reception Hall 6100 sq Ft, Barn Style with a 25-ton air conditioning system, professional lighting, JBL / EV sound system, and Light Dj Effect. It also features a fully equipped kitchen, Bride and Groom Suite ample storage, and maintenance areas. Additional amenities include , parking for 200 guests and 40 private spaces, and a 2-bedroom, 2-bathroom .Home 1802 Sq FT 3 Bed / 2 Bath for owner occupancy or on-site management or Extra Profit Rent for $ 3500 .The business operates on a low-cost, high-margin model with minimal staffing—only two part-time employees (a secretary and a maintenance worker). Events are scheduled in 5-hour blocks, reducing the need for permanent staff. Legally binding contracts ensure future revenue through 2025 /2026. Miami's event industry is strong, with steady demand for venues, which provides long-term stability for this business. The venue's reputation and location make it a popular choice for events. There is also potential for U.S. investor visas, offering a path to residency for qualifying buyers. Financing options are available and can be negotiated with the seller. For more information or to arrange a private showing, contact Edgard at +1 (305) 303-0915 (English/Spanish) or email mrhugobeltran@gmail.com. Visit the website at www.lovelybarn.com or view on Instagram @lovelybarnvenue

FOR SALE DETAILS

PRICE

$3,540,000 USD

PRICE/SF

$443 USD /SF

CAP RATE

10.01%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Banquet Facility

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.7 AC

LAND SF

204,732 SF

ZONING

9000

APN/PARCEL ID

30-6915-000-0590

ASK ABOUT THIS PROPERTY

Hugo BeltranHugo BeltranMore Info
786-796-7055

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Hugo BeltranHugo BeltranMore Info
786-796-7055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.