CENTURY 21 Edge
$22,770$24,770

16805 NW 12th Ave, Miami Gardens FL 33169, MIAMI GARDENS, FL, 33169

Active757 days on marketListed Jul 22, 2024MLS #A11627750

About this property

The property at a glance

Fantastic Opportunity to Lease an Existing Partially Build-Out Kitchen, Existing Kitchen with some Appliances in place, Big Hallway Room, excellent space for Weddings, Birthday parties, Music & Event Planners, Music & Dance Parties. Buyer taking the space As Is Increased marketing to nearby businesses, schools, offices will help increase revenue going forward. There are also strong delivery, catering, and corporate opportunities in the area. Located in a busy Hotel in Palmetto, Space is approximately between 3,000 sf to 3,500 sf including Kitchen Area, immediate Lobby entrance area & Out Door Sitting Area, Excellent Location for Night Bar & Lounge Restaurant, Banquet Hall, Corporate Events, Weddings. Asking $22,770/month NNN To move in: 1st Month, Last Month & 1 Month Security Deposit

0

Lot sq ft

1973

Year built

6500

Zoning

Lot size0 sq ft
Year built1973
Zoning6500
Business typeBar/Lounge Only, Restaurant, Bar/Tavern/Lounge
Annual taxes$138,261

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $5,693
Interest rate6.00%
Loan term

Estimated payment

$11,784/mo

Principal & interest$102
Property taxes (actual bill)$11,522
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Anthony to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

164,000vehicles / day · 2025On Ramp 87260514 to Off Ramp 87260518 · Traffic count · Florida DOT

What’s nearby

Miami Gardens Inn & SuitesLodging0 mi
SubwayRestaurant0.1 mi
New Age Auto SalesRetail0.9 mi
Walmart SupercenterGrocery0.9 mi
Toyota of North MiamiRetail1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,887

Population

$74,100

Median income

37

Median age

4

Avg household

$382,550

Median home value

$2,630/mo

Median rent

555

Households w/ kids

Consumer profile

Wealth SignalingTop 18%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Men's StyleTop 23%

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Deep EmotionsTop 25%

Sharing personal struggles and stories overcoming relationship issues, this population seeks to tell others about their emotional journeys.

BookishTop 25%

Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.

Smart ChicTop 27%

Passionate about style, smart chic searches high and low for the perfect look - but not one that will break the bank.

Mindfulness & SpiritualityTop 29%

Seeking peace and well-being through meditation, gratitude and spirituality.

Recent sales

What actually sold near 16805 NW 12th Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

3380 NW 151st Ter, Miami Gardens FL 33054

$2,000,000

3380 NW 151st Ter, Miami Gardens FL 33054

Sold Jul 13, 2026

13091 NW 43rd Ave, Opa-Locka FL 33054

$438,800

13091 NW 43rd Ave, Opa-Locka FL 33054

Sold Mar 11, 2025

15241 NW 33rd Pl, Miami Gardens FL 33054

$2,160,000

15241 NW 33rd Pl, Miami Gardens FL 33054

Sold Mar 27, 2026

Your team

The pros in your corner

Anthony Richardson

Your agent

Anthony Richardson

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 16805 NW 12th Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 16805 NW 12th Ave.

See it in person

Schedule a tour

Live availability from Anthony's calendar — pick a time and it's booked.

Listing courtesy of The Keyes Company · David Heinrich. MLS #A11627750.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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