Basic Information

  • Type Business
  • Status Closed
  • Year Built 1925
  • Total Sqft 15,178
  • Date Listed 10/06/2023
  • Days on Market 125
Description

Back on the Market, due to a non-compete. Directly on Lincoln Rd, one of the best locations in the heart of South Beach! With the most affordable rent for Lincoln Rd and with well over a million dollar in gross revenues, this restaurant is a gem! Absentee Owner is affecting the net profit. As with all small businesses, some direct management would surely improve the Gross to Net ratio. An incredible location with a pristine restaurant. Pizzette as an impeccable reputation and is always busy. Perfect for an investor/manager who wants a successful business already established, where he only has to run a professional administration. VERY RARE OPPORTUNITY TO OWN A FULLY REMODELED AND WELL ESTABLISH SUCCESFUL RESTAURANT IN MIAMI BEACH

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description Common, Other, On Street
  • Style Business

Interior Features

  • Adjusted Sqft 15,178Sq.Ft
  • Cooling Description Central Air
  • Floor Description Ceramic Tile
  • Heating Description Central, Electric
  • Sqft 15,178 Sq.Ft

Property Features

  • Address 1223 Lincoln Rd
  • Aprox. Lot Size 15,178
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $3,422
  • Tax Legal desc 33 34 53 42 COMM SUB 1 ADD PB 6-30 LOT 1 BLK 40 LOT SIZE 7500 SQUARE FEET OR 15942-4718-62 0593 4
  • Tax Year 2022
  • Terms Considered Cash, Conventional
  • Type of Property Business

1223 Lincoln Rd

Miami Beach, FL 33139

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Villejust Brokerage LLC. tel: 407-928-0725

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