About This Property

Confidential Sale: Established waterfront restaurant in prime Sunny Isles location with bay views and outdoor patio. Net cash flow $250K (financials available upon NDA). Showing by appointment only - call listing agent 24 hrs in advance. Motivated seller . Serious inquiries only; proof of funds required for details. Contact listing agent for more info or financial package.

Property Details

MLS #

A11976899

Status

Active

Property Type

Commercial Sale

Sub Type

Restaurant/Entertainment

Year Built

2015

Days on Market

Pool

Waterfront

HOA Fee

$3,100/mo

Est. Insurance

$2,533/mo

Tax Amount

$24,914

Garage

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Lot Size

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Mortgage Calculator

Down Payment (20%)

$1,520,000

Principal & Interest$38,430

Property Tax$2,076/mo

HOA Fee$3,100/mo

Insurance$2,533/mo

Est. Monthly Total $46,139

Interest Rate

Flood Zone & Insurance

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

Investment Analysis

$45,600

Est. Monthly Rent

-0.9%

Cap Rate

-4.5%

Cash-on-Cash

$-68,585

Net Operating Income

ROI Projections (4% Annual Appreciation)

86%

5-Year ROI

Value: $9,246,562

195%

10-Year ROI

Value: $11,249,857

333%

15-Year ROI

Value: $13,687,171

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

Market Trends

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Inventory

Interested in This Property?

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400 Sunny Isles Blvd # 4, Sunny Isles Beach FL 33160