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About This Property
The approximately 3,000-square-foot facility features a fully equipped commercial kitchen, full bar, dining and lounge areas, and a professional stage for karaoke, live music, DJs, and private events. A substantial recent build-out and distinctive interior design allow a new owner to step into an established concept without the time and expense of developing a comparable venue from scratch.
The sale includes furniture, fixtures, equipment, leasehold improvements, goodwill, and transfer of the 4COP SFS liquor license. Multiple revenue streams include food service, full-bar sales, nightlife, entertainment, private parties, and special events.
Rent is approximately $9,000 per month with long-term occupancy potential through the existing lease and renewal options. Seller will provide approximately four weeks of transition and training at no additional cost.
An attractive opportunity for an experienced operator or hospitality group seeking an established South Florida restaurant and entertainment concept.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Listed by International Business Group LLC | $495,000 | |
| Listed by International Business Group LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017