1650 SW 8th St, Miami FL 33135

Closed

$305,000

Est. Payment $1,623/mo

MLS Sheet Video

1948

Year Built

137

Days on Market

Description

Well-Known, Long-Running, Neighborhood Spanish Taverna Restaurant in the Heart of Calle Ocho. La Taverna Restaurant has grossed over $500K in yearly sales. Massive upward trajectory for sales as Calle Ocho population continues to swell, with an area population of 100,000+. The site features indoor and outdoor seating, licenses to operate 24/7, and great prospects for delivery business. The business has up to 8 years of lease remaining.

Facts

MLS#: A11400667
Subdivision: —
Property Type: Business Opportunity
Property Sub Type: Restaurant/Entertainment
Year Built: 1948
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 137 days
Listed: Jun 8, 2023
Last Updated: Oct 24, 2023
Price/Lot Sq.Ft.: —

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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

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).

10/24/2023	Sold	$305,000
6/8/2023	Listed for sale	$305,000

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

Location

1650 SW 8th St, Miami FL 33135Directions

Estimated Monthly Payment

$2,028/mo

Principal & Interest

$1,623

Property Tax

$254

Insurance

$150

HOA

Down Payment20% ($61,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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