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550 Biltmore Way, Coral Gables, FL – $199,000

  • $199k Price
  • 127 DOM
  • $199k Price
  • 127 DOM

550 Biltmore Way

IF YOU ARE IN THE BUSINESS, YOU'LL KNOW HOW GOOD THIS IS! 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.

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Essential Information

  • MLS® #A11549425
  • Price$199,000
  • Bathrooms0.00
  • Year Built1986
  • TypeBusiness
  • StatusActive

Community Information

  • Address550 Biltmore Way
  • Area41
  • CityCoral Gables
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33134-5730

Interior

  • InteriorMarble, Slate
  • CoolingCentral Air

Heating

Central, Electric, Gas, Oil, Space Heater

Additional Information

  • Listing Courtesy ofRealty One Group Royal Oaks
  • Date ListedMarch 12th, 2024
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Price Change History for 550 Biltmore Way, Coral Gables, FL (MLS® #A11549425)

Date Details Change
Price Increased from $193,000 to $199,000 $6,000 (3.11%)
Price Reduced from $194,000 to $193,000 $1,000 (0.52%)
Price Reduced from $195,000 to $194,000 $1,000 (0.51%)
Price Reduced from $196,000 to $195,000 $1,000 (0.51%)
Price Reduced from $197,000 to $196,000 $1,000 (0.51%)
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