RESTAURANT FOR SALE IN AN INCREDIBLE LOCATION! All equipment, menu and inventory included. Guaranteed monthly lease until 2030 at only $1,600, 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. It has no violations, is in excellent terms with the city and has the alcohol license in process (buyer can continue with the process to obtain it). Working only from 9am to 2pm and from Monday to Friday generates an average gross of $20,000 a month, without delivery service. CALL NOW!

NOTE: This is a listing for a business. With business listings, real estate can be included, but frequently is not.

This listing is courtesy of Realty One Group Royal Oaks.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0341170081230 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 03-1170-008-1230 (0341170081230)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 550 Biltmore Way
City: Coral Gables
State: Florida
Zip Code: 33134-5730 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 290,520
Actual Square Feet: 290,520
Adjusted Square Feet: 290,520
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Lot Size - English*
Lot Size (sf): 45,000
Lot Size (acres): 1.03
  -
Building Size - Metric*
Living Square Meters: 26,990.18
Actual Square Meters: 26,990.18
Adjusted Sq M: 26,990.18
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Lot Size - Metric*
Lot Size (sq m): 4,181
Lot Size (ha): 0.42
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Zoning & Land Use*
Land Use: 1813 - Office Building - Multistory : Office Building
Zoning: 5005 - Mixed-use 3
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 06/04/2019
Amount: $54,400,000
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 12/04/2014
Amount: $50,200,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: Q
Date: 10/01/2004
Amount: $35,800,000
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Taxable Values*
Tax Year: 2023
Land: $18,000,000
Building: $39,300,000
Total: $57,300,000
Assessed: $50,600,000
County Taxable: $50,600,000
City Taxable: $50,600,000
Mill Code: 0300
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Ownership*
Owner 1: Cgi Fund I Biltmore Lp
Owner 2: C/o Cgi Merchant Group Llc
Mailing Address: 801 Brickell Ave Ste 700
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33131
Mailing Country: USA
  -
Building Information*
Stories: 15
Year Built: 1986
Effective Year Built: 1986
Extra Features 1: Elevator - Passenger, Automatic - 2500 Lb Hi-rise
Extra Features 2: Chill Water A/c (aprox 300 Sqft/ton)
Extra Features 3: Sprinkler System/auto - Wet
  -
Legal Description*
Legal Description Concatenated: CORAL GABLES BILTMORE SEC PB 20-28 LOTS 1 THRU 15 BLK 7 LOT SIZE 375.000 X 120 OR 18134-0921 0698 4 COC 22791-1505 10 2004 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.