550 Biltmore Way Coral Gables, FL 33134

FOR SALE - Active
$147,500
$150,000 (1.7%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 290,520 ft2/26,990.18 m2
  • Price Per: $0.51 ft2/$5.46 m2
  • Type: Business Opportunity
  • Built: 1986
  • HOA: No info
  • MLS Number: A11704566
  • View No info
  • On Site: 48 days
  • Updated: Listing Refreshed: 21 Days Ago

Take out restaurant with 12 dining tables at the building's lobby for client's use & access to the ally for unloading and easy access for delivery through applications. All equipment, menu and inventory included. Guaranteed monthly lease until 2030 at only $1,650, with minimum annual adjustment (includes water and garbage removal, which in Coral Gables the city charges $1,000 for). Grease trap meets all the requirements of the annual DERM inspection. Fully equipped kitchen separated from retail with a large stainless steel hood (not all have it) and direct access to the street alley for loads/delivery, parking & a separated office/storage space of about 150 sf and 8 feet high. It has no violations, is in excellent terms with the city. COME SEE IT TODAY!

Price History

DateEventPriceChange RatePrice Per
01/05/2025Price Reduced$147,500.000.3%$0.51 ft2/$5.46 m2
12/25/2024Price Reduced$148,000.000.7%$0.51 ft2/$5.48 m2
12/16/2024Price Reduced$149,000.000.7%$0.51 ft2/$5.52 m2
12/31/2024Listed$150,000.00$0.52 ft2/$5.56 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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