11557 SW 88th Street, Miami, FL 33173

$35,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A10796210

Property Type: Business Opportunity Square Footage: 62,414 Status: Closed

Current Price: $35,000 List Date: 1/08/2020 Last Modified: 6/14/2026

Overview

Description

Great central Kendall location, one mile east of the turnpike in a strip mall across from Town & Country mall. Same owners for the past 7 years serving the community great Chinese food with wine & beer license. Open 7 days a week from 11-9 & seating capacity of 50 with booths & tables. They have 2 years left on current lease with renewable option. Giant parking lot serving other restaurants in the strip mall such as Pollo Tropical & Kendall Ale House.

Listing Details MLS# A10796210

General Property Information

Occupant Type: Call Listing Agent
Building Area Main: 62414
Occupied Area: 1700
Adjusted Area Main: 57885
Year Built: 1980
Parking Total: 100
Training Available YN: Yes

Property Features

Annual Base Rate: Other Annual Base Rate Building Features: Private Restroom(s); Restaurant Business Type: Restaurant Electric: 101-200 Amp Service Expenses Include: Advertising; Electricity; Gas/Oil; Licenses and Permits; Phone; Rent; Repairs and Maintenance Flooring: Carpet Heating: Central; Central Individual; Electric; Exhaust Fan Lease Term Remaining: 1-3 Years Location of Property: Anchored Center; City Location; Shopping Center Parking Features: Free Possession: Negotiable Sale Includes: Business; Furniture; Leases; Machinery; Signs Special Licenses: Beer/Wine Source Of Expenses: Accountant Provided Construction Materials: CBS Cooling: Central Individual; Exhaust Fan Listing Terms: Cash; Conventional; Other Road Description: Divided; Four Lane Road Frontage Type: County Road; Main Thoroughfare Traffic Type: Pedestrian Roof: Other Security Features: Fire Alarm; Fire Sprinkler System; Smoke Detector(s) Utilities: Sewer Available Water Source: Public Showing Requirements: 24 Hour Notice; No Sign

Contract Information

Comp Sale YN: No
Original List Price: 150000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 11557
Street Direction Prefix: SW
Street Name: 88th
Street Suffix: Street
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33173
Area: 2400
Parcel Number: 3040310170010
Subdivision Number: 17
Zoning: 6200
Flood Zone: X
Directions: North side of Kendall drive one mile east of the turnpike in shopping center where Kendall Ale House & Pollo Tropical is located.

Financial Information

Tax Legal Description: KENDALL MARKET PLACE PB 113-56 TRACT A 5.91 AC LOT SIZE 257440 SQ FT OR 14217-897 0789 1

Status Change Information

Major Change Timestamp: 2021-01-16T05:50:37Z
Major Change Type: Status Change
Price Change Timestamp: 2020-10-06T18:45:52Z
Status Change Date: 2021-01-18
Under Contract Date: 2021-01-15
Close Date: 2021-01-15
Close Price: 35000
Buyer Financing: Cash

More Information

Building and Property Details

Seating Capacity: 50
% Air Conditioned: 0

Business Details

Year Established: 2010

Distance To Information

Miles to Beach: 15
Miles to Expressway: Yes

Lease Details

Renewal Option Description: Yes

Income and Expenses

Gross Sales: 480000
Inc/Exp Statement Period: monthly
Insurance Expense: 2000

Buyer Details

Intended Use: Unknown/Withheld

Price Calculations

Current Price To SqFt: 0.56

Section Details

Parcel Number MLX: 0010

Originating Details

Originating System Key: 341279532
Originating System ID: M00000151

Currently Not Used

Year Built: 1980

Office/Member Information

DXORIGMLSID: SEF

Electric

101-200 Amp Service: Yes

Flooring

Carpet: Yes

Loan Details

Assumable Chattel Balance: 0

Parking Features

Free: Yes

Location of Property

Anchored Center: Yes
City Location: Yes
Shopping Center: Yes

Possession

Negotiable: Yes

Utilities

Sewer Available: Yes

Building Features

Private Restroom(s): Yes
Restaurant: Yes

Business Type

Restaurant: Yes

Heating

Central: Yes
Central Individual: Yes
Electric: Yes
Exhaust Fan: Yes

Sale Includes

Business: Yes
Furniture: Yes
Leases: Yes
Machinery: Yes
Signs: Yes

Special Licenses

Beer/Wine: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Road Frontage Type

County Road: Yes
Main Thoroughfare: Yes

Roof

Other: Yes

Security Features

Fire Alarm: Yes
Fire Sprinkler System: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Annual Base Rate

Other Annual Base Rate: Yes

Expenses Include

Advertising: Yes
Electricity: Yes
Gas/Oil: Yes
Licenses and Permits: Yes
Phone: Yes
Rent: Yes
Repairs and Maintenance: Yes

Hours/Days Of Operation

Open 8+ Hours/Day: Yes
# Of Days Open: 7

Lease Term Remaining

1-3 Years: Yes

Source Of Expenses

Accountant Provided: Yes

Cooling

Central Individual: Yes
Exhaust Fan: Yes

Showing Requirements

24 Hour Notice: Yes
No Sign: Yes

Road Description

Divided: Yes
Four Lane: Yes

Traffic Type

Pedestrian: Yes

Listing Office: NXT LVL Realty

Last Updated: June - 14 - 2026

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11557 SW 88th Street, Miami, FL 33173 (MLS# A10796210)