Miami, FL 33196

Closed

$185,000

30.19%

Est. Payment $985/mo

MLS Sheet Video

2008

Year Built

204

Days on Market

Description

GREAT OPPORTUNITY to own a PROFITABLE and WELL-ESTABLISHED Cigar and Liquor Lounge AND CIGAR DISTRIBUTOR. This tastefully designed Lounge has many regular clients and doesn't serve food, so it is very easy to manage. Liquor and Tobacco licenses included in the sale. Multiple additional opportunities to make it even more profitable by distributing cigars to several other places (such as gas stations, bars, nightclubs, etc) and also sell them online. Systems for doing private parties to even add more income. Seller willing to offer one-on-one support for up to 60 days to make sure new owner learns all systems and meets all key people. Lease just renewed for 5 more years. Gurkha Lounge (with 20-mile no-compete), Jack Daniels Contract, Bourbon Society. 122 lines of cigars.

Facts

MLS#
A11224422
Subdivision
Property Type
Business Opportunity
Property Sub Type
Year Built
2008
Lot Size
0 sqft
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
204 days
Listed
Jun 16, 2022
Last Updated
Feb 6, 2023
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

22

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/6/2023Sold$185,000
11/2/2022Price change$185,000-30.2%
6/16/2022Listed for sale$265,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$1,289/mo

Principal & Interest

$985

Property Tax

$154

Insurance

$150

HOA

$0

20% ($37,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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