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365 N Royal Poiciana Blvd
Miami Springs, FL 33166
Retail Property For Sale
Investment Highlights
- PRIMARY LAND USE Restaurant / Cafeteria : Retail Outlet
- PRICE SF $461/SF
- LEASE TYPE Modified NNN - tenant pays taxes, insurance, utilities, repairs, HVAC
- STORIES/MAX HEIGHT 1 story (NBD allows up to 3 stories / 40ft)
- CURRENT TENANT Canela y Miel Gastrobar (Latin gastrobar & lounge)
- LEASE TERM 3 years + two (2) 3-year renewal options
Executive Summary
Apex Capital Realty is proud to present 365 N Royal Poinciana Blvd, a fully leased, turnkey restaurant investment located in the heart of Miami Springs. The property consists of a 3,576 SF commercial building on a 6,750 SF lot and is strategically positioned just minutes from Miami International Airport.
Currently occupied by Canela y Miel Gastrobar, the property provides immediate inplace income under a modified NNN lease structure. The sale includes a complete second-generation restaurant build-out featuring a commercial kitchen, full bar, walk-in cooler, freezer, and extensive equipment package.
With flexible NBD zoning and a prime location in one of Miami-Dade’s most desirable submarkets, the property offers both stable cash flow and long-term value-add potential.
Currently occupied by Canela y Miel Gastrobar, the property provides immediate inplace income under a modified NNN lease structure. The sale includes a complete second-generation restaurant build-out featuring a commercial kitchen, full bar, walk-in cooler, freezer, and extensive equipment package.
With flexible NBD zoning and a prime location in one of Miami-Dade’s most desirable submarkets, the property offers both stable cash flow and long-term value-add potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,576 SF
Building Class
B
Year Built/Renovated
1948/1986
Price
$2,308,135 CAD
Price Per SF
$645.45 CAD
Cap Rate
6.11%
NOI
$141,027 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.15 AC
Zoning
NBD - Neighborhood Business District
Parking
12 Spaces (3.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 05-3118-016-0150 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $716,329 CAD |
Property Taxes
Parcel Number
05-3118-016-0150
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$716,329 CAD
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