365 N Royal Poiciana Blvd - Restaurant FOR SALE


Miami Springs, FL 33166
$1,650,000 USD
305-323-9787
365 N Royal Poiciana Blvd, Miami Springs, FL for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/12
null | 6.11% Cap Rate

365 N Royal Poiciana Blvd
Miami Springs, FL 33166


HIGHLIGHTS

  • PRIMARY LAND USE Restaurant / Cafeteria : Retail Outlet
  • STORIES/MAX HEIGHT 1 story (NBD allows up to 3 stories / 40ft)
  • PRICE SF $461/SF
  • CURRENT TENANT Canela y Miel Gastrobar (Latin gastrobar & lounge)
  • LEASE TYPE Modified NNN - tenant pays taxes, insurance, utilities, repairs, HVAC
  • LEASE TERM 3 years + two (2) 3-year renewal options

OVERVIEW

Apex Capital Realty is proud to present 365 N Royal Poinciana Blvd, a fully leased, turnkey restaurant investment located in the heart of Miami Springs. The property consists of a 3,576 SF commercial building on a 6,750 SF lot and is strategically positioned just minutes from Miami International Airport. Currently occupied by Canela y Miel Gastrobar, the property provides immediate inplace income under a modified NNN lease structure. The sale includes a complete second-generation restaurant build-out featuring a commercial kitchen, full bar, walk-in cooler, freezer, and extensive equipment package. With flexible NBD zoning and a prime location in one of Miami-Dade’s most desirable submarkets, the property offers both stable cash flow and long-term value-add potential.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$461 USD /SF

CAP RATE

6.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,750 SF

ZONING

NBD

APN/PARCEL ID

05-3118-016-0150

ASK ABOUT THIS PROPERTY

Carl GormanApex Capital Realty LLCMore Info
305-323-9787

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Carl GormanApex Capital Realty LLCMore Info
305-323-9787

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