18901 168th St - Specialty FOR SALE


Miami, FL 33187
$3,850,000 USD
844-435-1610
18901 168th St, Miami, FL for Sale
$3,850,000 USD
Specialty - FOR SALE
1/58
null | 18.75% Cap Rate

18901 168th St
Miami, FL 33187


HIGHLIGHTS

  • Revenue generating event hall convenient to Miami and the South Florida metro.
  • Cash flow yields $1,096,781 in annualized income and $722,036.19 net income.
  • Business & land are included in the sale.
  • 4.2 acre easily maintained property.
  • There are already a significant amount of bookings for 2025 /2026.
  • Miami is great market for wedding, quinces, sweet sixteen, corporative events, music concert.

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 $3,850,000, with an annual gross income of $1,096,781.19 and a net income of $722,036.19. The cap rate is 18.75%, making it a profitable turnkey business. Additionally, approximately $200,000 in down payments for contracts extending through 2026 will be reimbursed at closing or deducted from the final price, reducing the asking price to $3,650,000.The property covers 4.2 acres and includes a ceremony area for up to 220 guests, a tropical-style cocktail area, and a reception hall with a 15-ton air conditioning system, professional lighting, a JBL sound system, and an LED dance floor. It also features a fully equipped commercial kitchen, ample storage, and maintenance areas. Additional amenities include two waterfalls, parking for 140 guests and 20 private spaces, and a 2-bedroom, 2-bathroom trailer-style home for owner occupancy or on-site management. 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 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 serious inquiries, access to financial details requires a non-disclosure agreement (NDA). For more information or to arrange a private showing, contact Hugo Beltran at +1 (305) 303-0915 (English/Spanish) or email mrhugobeltran@gmail.com. Visit the website at www.lovelandvenue.com or view on Instagram @lovelandvenuemiami.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$481 USD /SF

CAP RATE

18.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Reception & Events

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

4.2 AC

LAND SF

182,952 SF

ZONING

8900

APN/PARCEL ID

30-5826-000-2252

ASK ABOUT THIS PROPERTY

Hugo BeltranHugo BeltranMore Info
844-435-1610

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Hugo BeltranHugo BeltranMore Info
844-435-1610

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