Coral Gables, FL 33134 550 Biltmore Way

550 Biltmore Way Coral Gables, FL - Image 1550 Biltmore Way Coral Gables, FL - Image 2550 Biltmore Way Coral Gables, FL - Image 3
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Presented By: This listing is courtesy of Realty One Group Royal Oaks;
  • MLS# A11549425
  • 03/12/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 290,520

Home Details

IF YOU ARE IN THE BUSINESS, YOU'LL KNOW HOW GOOD THIS IS! All equipment, menu and inventory included. Guaranteed monthly lease until 2030 at only $1,600, with minimum annual adjustment (includes water and garbage removal, which in Coral Gables the city charges $1,000 for). Grease trap meets all the requirements of the annual DERM inspection. Fully equipped kitchen separated from retail with a large stainless steel hood (not all have it) and direct access to the street alley for loads/delivery. It has no violations, is in excellent terms with the city and has the alcohol license in process (buyer can continue with the process to obtain it). Working only from 9am to 2pm and from Monday to Friday generates an average gross of $20,000 a month, without delivery service.
Presented By: This listing is courtesy of Realty One Group Royal Oaks;

Interior Features for 550 Biltmore Way

Bathrooms

Total Baths

Other Interior Features

SeatingCapacity40
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringMarble, Slate
Heating Y/NYes

General for 550 Biltmore Way

Additional Parcels Y/NNo
Attached Garage No
Building NamePATAGONIA EXPRESS
Business NamePATAGONIA EXPRESS
Business TypeRestaurant
Carport Y/NNo
CityCoral Gables
CoolingCentralAir
CountyMiami-Dade County
Days on Market100
Garage Y/NNo
HOA / Comm AssnNo
HeatingCentral, Electric, Gas, Oil, SpaceHeater
Home Warranty Y/NNo
Insurance Expense100.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCORAL GABLES BILTMORE SEC PB 20-28 LOTS 1 THRU 15 BLK 7 LOT SIZE 375.000 X 120 OR 18134-0921 0698 4 COC 22791-1505 10 2004 1
Listing TermsCash, Conventional, OwnerMayCarry
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
PostalCityCoral Gables
Private PoolNo
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1986
Zoning Description5005

Exterior for 550 Biltmore Way

Building Area Total290520.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $194,000
MLS#A11549425
List Date 03/12/2024
Property Type Business Op
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