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Established Banquet Hall in Cutler Bay, Cutler Bay FL 33157

Commercial For Sale
$499,000

BTC: 7.76351614

ETH: 262.26716562

71 days
0 room(s)

Overview

Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including 234+ positive Google reviews and strong social media engagement. Current lease rate is $6,190/month, with landlord willing to offer a new lease term of 4 years or longer, plus renewal options at the same rental rate. The shopping center offers ample parking with over 400 parking spaces for guests & events. Sale includes transfer of lease, furniture, fixtures, equipment, inventory, phone numbers, customer database, email accounts, websites, and social media profiles including Google, Facebook, Instagram, and TikTok. Business offers strong existing cash flow with significant upside potential through active management, expanded marketing, and additional event bookings. Excellent opportunity for an owner-operator or investor seeking a turnkey business in a growing market. Financials available upon request with NDA.

Location

Details

Type:
Business Opportunity
Parking:
No Data
Year Built:
No Data
Lot:
No Data
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$215,000
$69K – $1.3M
Confidence Low
List vs. estimate
$284K above estimate
List $499,000 · +132.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
46 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $779K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Type and style

    • Property Type: Business Opportunity

  • Source details

    • MLS ID: A12024086

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Real Estate Sales Force