, MIAMI, FL, 33127
Active115 days on marketListed Mar 26, 2026MLS #A11990324
About this property
The property at a glance
** WYNWOOD MONEY MAKER FOR SALE ** 10-Year Established Smoke Lounge Located in the HEART of Wynwood!!! **Generating CLOSE TO $1M+ per year (on books) **Hookah profit margins 80%+ **Asking $699,000 **Owner Financing Available (to qualified buyers) • Open 6PM–2AM ?? • Fully operational with absentee owner • Strong, loyal, young crowd • Turnkey — already producing solid revenue **HUGE UPSIDE OPPORTUNITY: **Business is not being fully utilized (absentee ownership) **Hands-on operator can significantly increase revenue **OPPORTUNITY TO EARN EXTRA INCOME **Approx. 3,000 sq ft location **Neighbor has written offer to lease ~300 sq ft for storage **Willing to pay $6,000/month **Built-in additional income + operational upside **Serious buyers only **Proof of funds required **Owner financing available to qualified buyers **Confidential
0
Lot sq ft
Commercial
Zoning
The numbers
Investment snapshot
$840,000
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$3,944/mo
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. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Chad to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
The area
Who's around this property
7,241
Population
$42,572
Median income
32
Median age
2
Avg household
$68,671
Median home value
$1,600/mo
Median rent
645
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
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.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Seeking peace and well-being through meditation, gratitude and spirituality.
Recent sales
What actually sold near
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,650,000
90 NE 54th St, Miami FL 33137
Sold Mar 24, 2025
$227,500
Miami Shores NE 1, Miami Shores FL 33138
Sold Jun 30, 2026
$16,895
7744 NW 6th Ct, Miami FL 33150
Sold Mar 1, 2026
Your team
The pros in your corner
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of U.S.A. Lending & Realty, Inc. · Zena Bardawell. MLS #A11990324.
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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