18901 168th St - Specialty FOR SALE


Miami, FL 33187
$3,850,000 USD
844-435-1610
18901 168th St, Miami, FL for Sale
$3,850,000 USD
Specialty - FOR SALE
1/58
null | 18.75% Cap Rate

18901 168th St
Miami, FL 33187


HIGHLIGHTS

  • GREAT OPPORTUNITY SPECTACULAR EVENT HALL FOR SALE IN MIAMI FLORIDA UNITED STATES
  • ANNUAL INCOME. $1,096,781.19 ---$722,039.19 NET INCOME PER YEAR --CAP RATE 65,83% ANNUAL
  • EASY TO OPERATE AND CONTROL
  • VERY GOOD PROPERTY / EASE MAINTENANCE. 4.2 ACRES
  • MANY CONTRACT BOOKING FOR 2025 /2026
  • MIAMI IS GRAET MARKET FOR WEDDING ,QUINCES , SWEETSIXTEEN , CORPORATIVE EVENTS

OVERVIEW

GREAT OPPORTUNITY SPECTACULAR EVENT HALL FOR SALE IN MIAMI FLORIDA -------------------------NO SBA------------------------- PRICE FOR SALE $3,850,000--CAP RATE 18.75 PER YEAR ON THE INVESTMENT ANNUAL GROSS INCOME. $1,096,781.19 ANNUAL NET INCOME $ 722,036.19. CAP RATE ANNUAL PROFIT 65,83% $3,850,000 Price Wedding Venue. $ 200,000 Contract for 2025/2026 Down Payments(aprox) $3,650.000 Final Price after discount Down Payments LAND AND BUSINESS INCLUDED . THE EVENT HALL HAS BEEN WORKING IN THE MARKET FOR 8 YEARS . CURRENTLY OPERATING WITH CONTRACTS SIGNED FOR 2025 AND 2026 . THE REASON FOR SELLING THE BUSINESS IS THAT MY PARENTS ARE OWNERS OF THE BUSINESS AND PROPERTY, THEY ARE VERY ADULTS, AND IT IS TIME TO RETIRE . IT CAN BE OPERATED REMOTELY, THE OWNER CAN BE ABSENT, CAMERA SYSTEM THE PROPERTY HAS 4.2 ACRES 2 WATERFALLS GUEST PARKING AREA FOR 140 CARS AND PRIVATE PARKING FOR 20 CARS CEREMONY AREA FOR 220 PEOPLE GIANT TROPICAL STYLE COCKTAIL AREA RECEPTION AREA MAXIMUM CAPACITY 220 PEOPLE FULLY EQUIPPED WITH AIR CONDITIONING 15 TONS , LIGHTS, BAR LIGHT,SMOKE MACHINE, LASER LIGHTS, JBL SOUND AND EV IT HAS A LED DANCE FLOOR ROOM WITH LED TRACK BUILT INTO THE FLOOR. DOUBLE BATHROOMS FOR MEN/WOMEN IN SUITE SUITE FOR BRIDE AND GROOM FULLY EQUIPPED KITCHEN TURBO DIESEL ELECTRIC GENERATOR STORAGE CONTAINERS WORK TOOL AREA TRAILER TYPE HOUSE ON THE SAME PROPERTY WITH 2 BEDROOMS, 2 FULL BATHROOMS, KITCHEN, LIVING ROOM (THE OWNER CAN LIVE ON THE PROPERTY ) THE BUSINESS INCLUDES ABSOLUTELY EVERYTHING TABLECLOTHES ROUND TABLES TRANSPARENT CHAIRS GOLDEN CHAIRS PLATES CHARGER PLATE CUTLERY, GLASSES, CHAMPAGNE GLASSES KITCHENS, OVENS, REFRIGERATORS, FREEZERS, MACHINE ICE, COMMERCIAL WASHER, DOUBLE FRYER, RICE COOKERS WASHERS AND DRYERS FOR TABLECLOTHES, NAPKINS OWNER ONLY BUYS THE SUPPLIERS THAT THE CHEFF AND HIS ASSISTANT ARE GOING TO COOK EVENTS ARE 5 HOURS, STARTING AT 5:00 PM TO 10:00 PM OR 6.00 PM TO 11:00 PM STAFF IS ONLY PAID WHEN THERE ARE EVENTS. THEY ARE NOT PERMANENT EMPLOYEES, WHICH MAKES THEM HAVE VERY LOW FIXED COSTS WE HAVE AN EXCELLENT REPUTATION AND AWARDS PAY FOR IS 1 SECRETARY 30 HOURS/WEEK AND 3 DAYS A WEEK A MAINTENANCE PERSON MIAMI IS THE FIRST CITY IN THE UNITED STATES WITH THE MOST NUMBER OF EVENTS, DUE TO ITS CARIBBEAN CLIMATE AND EXCELLENT MEETING POINT FOR FAMILIES. WITH THIS INVESTMENT, AN INVESTOR VISA CAN BE GRANTED AND THUS OBTAIN LEGAL RESIDENCY AND IN THE FUTURE, AMERICAN CITIZENSHIP FOR ONE PERSON, SEVERAL PERSONS OR A LARGE FAMILY GROUP. FUTURES CONTRACTS (LEGALLY SIGNED AND VERIFIABLE), THE MONEY FROM THE ADVANCES WILL BE REIMBURSED TO THE BUYER AT THE TIME OF SALE OR WILL BE DISCOUNTED FROM THE VALUE OF THE PROPERTY APROX. $200.000 A PERCENTAGE CAN BE FINANCED TO BE AGREED WITH THE OWNER THE BUYER CAN BE ONLY AN INVESTOR WITHOUT THE NEED TO HAVE MIGRATION PAPERS IN THE UNITED STATES https://www.lovelandvenue.com/ https://www.instagram.com/lovelandvenuemiami/ Email. MRHUGOBELTRAN@GMAIL.COM CONTACT HUGO +1 3053030915 ESPAÑOL / ENGLISH WhatsApp + 13053030915

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$481 USD /SF

CAP RATE

18.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RECEPTION EVENTS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

4.2 AC

LAND SF

182,952 SF

ZONING

8900

APN/PARCEL ID

30-5826-000-2252

ASK ABOUT THIS PROPERTY

Hugo BeltranHugo BeltranMore Info
844-435-1610

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Hugo BeltranHugo BeltranMore Info
844-435-1610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.