550 Biltmore Way, Coral Gables, FL 33134 - Photo 1

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$149,000 -$1,000 (-0.67%) Price Reduced

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Property Description

FOR SALE AT JUST $150,000!!! 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 $1,650, 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, parking & a separated office/storage space o about 150 sf and 8 feets high. 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). COME SEE IT TODAY!

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Full Property Details

Full Property Details for 550 Biltmore Way

General

Price: $149,000
Status: Active
Type: Business
Source: Greater_Miami
MLS ID: A11704566
Updated: 12/16/2024
Added to Site: 12 day(s) ago

Business

Business Type: Restaurant
Year Established: 2019

Interior

Flooring: Marble/Slate Floors

Additional Information

Security/Safety: Other Fire Protection, Smoke Alarm, Smoke Detector(s)

Parking

Total Spaces: 50
Parking Features: Common

Location

County: Miami-Dade County
Building Name: PATAGONIA EXPRESS

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Building A/C
Heating Type: Central Electric, Central Building A/C, Gas Space Heater, Oil Space Heater

Utilities

Electric Available: Yes
Sewer: Public Sanitation
Water: Public

Structural Information

Structure Type: Commercial
Detached/Attached: Detached
Construction: Brick, CBS Construction
Year Built: 1986
Other Struct. Feat.: Coffee Shop, Compressed Natural Gas, Private Restrooms, Restaurant, Truck/Loading Dock

Lot Features

Lot Features: Central Business District, City Location, Inside Location
Zoning: 5005

Financial Considerations

Insurance Fee: $100
Terms: All Cash, Conventional/Refinance, Exchange, Owner Will Carry

Disclosures and Reports

Documents Avail.: Aerial Photo(S), Books & Records, Bylaws And Documents, Environment Study, Equipment Inventory, Inventory, Copy Of Lease(S)
Legal Description: CORAL 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
Inclusions: Equipment, Inventory, Leases, License, Business Only
Property ID: 03-41-17-008-1230

Listed by Bella Mar Real Estate Inc.

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— 550 Biltmore Way —

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Schools

Schools serving 550 Biltmore Way

School District:Miami-Dade County School District

Name	Grades	Distance
Coral Gables Preparatory Academy 105 Minorca Ave, Coral Gables, FL 33134	PK-8	0.6 mi
Air Base Elementary School 12829 Sw 272nd St, Homestead, FL 33032	PK-8	18.1 mi
Ponce De Leon Middle School 5801 Augusto St, Coral Gables, FL 33146	6-8	2.3 mi
Coral Gables Senior High School 450 Bird Rd, Coral Gables, FL 33146	9-12	1 mi
Robert Morgan Educational Center and Technical College 18180 Sw 122 Avenue, Miami, FL 33177	9-12	12.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 Biltmore Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/16/2024

Price Reduced

$149,000

-0.67%

MLS

12/09/2024

Listed

$150,000

-99.72%

MLS

6/21/2019

Sold

$54,400,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 550 Biltmore Way

Year

Property Taxes

Change

Tax Assessment

Change

2023

$889,842

$57,300,000

27%

2021

$873,717

$45,200,000

-3%

2022

$864,905

-1%

$46,800,000

2021

$873,717

-3%

$44,000,000

-5%

2019

$898,468

$46,270,000

2018

$854,600

$45,000,000

—

2017

$849,741

—

$45,000,000

2016

$852,492

$43,428,000

2015

$840,530

19%

$42,000,000

22%

2014

$705,225

-5%

$34,300,000

-6%

2013

$745,774

—

$36,400,000

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 550 Biltmore Way

550 Biltmore Way, Coral Gables, FL 33134 (MLS# A11704566) is a Business property. 550 Biltmore Way is currently listed for $149,000 and was received on December 09, 2024. Want to learn more about 550 Biltmore Way? Do you have questions about finding other Business real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

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550 Biltmore Way Coral Gables, FL 33134