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About This Property

Restaurant with an excellent location in the Collins Ave area, situated on a main corner just steps from the beach, in an area frequented by both residents and tourists.

Property Details

MLS #

A12110998

Status

Active

Property Type

Business Opportunity

Pool

Waterfront

HOA Fee

None

Est. Insurance

$60/mo

Tax Amount

—

Garage

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Lot Size

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Mortgage Calculator

Down Payment (20%)

$36,000

Principal & Interest$910

Property Tax$—/mo

HOA Fee$0/mo

Insurance$60/mo

Est. Monthly Total $970

Interest Rate

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$1,170

Est. Monthly Rent

1.3%

Cap Rate

6.7%

Cash-on-Cash

$2,398

Net Operating Income

ROI Projections (4% Annual Appreciation)

142%

5-Year ROI

Value: $218,998

307%

10-Year ROI

Value: $266,444

500%

15-Year ROI

Value: $324,170

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

Market Trends

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Avg Price

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Avg Days

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Inventory

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Collins Ave, Miami Beach FL 33141