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http://www.terrilealhomes.com/miami-beach-mls-listing/A10430767.htm
Price: $799,999 MLS Number: A10430767  Commercial / Investment - SOLD
 Address: 1435 Alton Rd, Miami Beach, Florida 33139 USA
 Date Sold: 10/01/2018
 
 Remarks:
WILL CONSIDER REASONABLE OFFERS OR BUYER CAN PUTS DOWN $300K AND I WILL OWNER FINANCE THE REST AT THE MARKET RATE FOR 5 YRS! HUGE PRICE REDUCTION! Restaurant, Bar and Lounge is located right in the heart of South Beach!!! This one-of-a-kind concept is served in a chic atmosphere with deco-style design and top-tier technology. Our tables are interactive menus, so guests can order then surf the web with just a few taps of their fingertips. Low rent and long lease, very well located on Alton Rd. AS OF TODAY THE GOING SQFT RATE IN THIS AREA IS $85-$95/SQ-FT, LEASE IS 5 YEARS $20.70/SQ-FT WITH THE OPTION TO RENEW FOR AN ADDITIONAL 5 YEARS, Lease is $8500 including tax and NO TRIPLE NET, Owner invested 2.7 mil into property. Everything from the plumbing, electric, AC, , walk-in cooler is new.
 
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