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Gelfand Realty Miami Properties for Sale - Restaurant/Entertainment for Sale

1223 LINCOLN RD, MIAMI BEACH, FL 33139

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Restaurant/Entertainment - PIZZETTE for Sale

1223 LINCOLN RD, MIAMI BEACH, FL 33139

Asking Price$499,000

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  • Taxes $3,422
  • Year Built 1925

  • Days on market:

    73 day(s)

  • Original Price:

    $499,000

  • Tax Legal Description:

    33 34 53 42 COMM SUB 1 ADD PB 6-30 LOT 1 BLK 40 LOT SIZE 7500 SQUARE FEET OR 15942-4718-62 0593 4

  • Tax Year:

    2022

  • Property Type:

    Restaurant/Entertainment

  • Parking:

    Common Other On Street

  • Inclusions:

    Equipment,Furniture/Fixtures,Leases,Trade Name, Business Only

  • Cooling Description:

    Central Building A/C

  • Heating Description:

    Central ElectricCentral Building A/C

  • Floor Description:

    Ceramic Floor

  • Lot Features:

    Central Business District Corner UnitAnchored Center

Description

$499,000

Back on the market, due to a non-compete. directly on lincoln rd, one of the best locations in the heart of south beach! with the most affordable rent for lincoln rd and with well over a million dollar in gross revenues, this restaurant is a gem! absentee owner is affecting the net profit. as with all small businesses, some direct management would surely improve the gross to net ratio. an incredible location with a pristine restaurant. pizzette as an impeccable reputation and is always busy. perfect for an investor/manager who wants a successful business already established, where he only has to run a professional administration. very rare opportunity to own a fully remodeled and well establish succesful restaurant in miami beach
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