13981 Southwest 232nd Street, Miami, FL 33170

This property is currently operating as an event venue, with business activity throughout 2026 and events already scheduled through April 2027. The main reason for the sale is the owner’s retirement, after several years of operation, with the intention of transferring the property and business to a new buyer or investor who can continue developing its full potential.

The asking price of USD 2,350,000 represents an opportunity below the property’s potential market value. The price is mainly based on the replacement cost of the property, the improvements made, and the existing investment, without adding additional value for the operating business or for the future increase in value once the permitting process is fully completed.

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During 2024 and 2025, the business generated an approximate net profit of USD 500,000 per year, after operating expenses, with an average of approximately 60 to 70 events per year. This demonstrates the property’s income-producing capacity and its strong position within the event venue market.

The property is delivered fully equipped for event operations, including tables, chairs, décor, utensils, equipment, and all necessary items to continue operating the business. The included inventory represents an approximate investment of USD 120,000.

The venue is currently operational and functioning. In the event of a sale, depending on the closing date, future events already booked for 2026 and 2027 may be transferred to the buyer. Additionally, the buyer may receive a credit for deposits already collected from clients, estimated at approximately USD 80,000 to USD 120,000, depending on the number of pending events at the time of closing.

Current operations are projected to continue through April 2027. After that date, the venue is expected to temporarily stop operations in order to move forward with the necessary modifications and complete the final permitting process.

The buyer will need to continue the process of bringing the construction up to code in order to obtain the final city approvals under Miami-Dade regulations.

The permitting process is already underway. The first stage is the agricultural permit, which has already been applied for and is supported by the agricultural characteristics of the property, including nearly 100 fruit trees. This condition represents an important advantage within the regularization process.

After the agricultural stage, the next step will be the structural process, which includes bringing the property up to code and completing the required modifications in areas such as electrical, plumbing, air conditioning, structural work, and any other technical requirements under Miami-Dade regulations. The estimated investment for these improvements is approximately USD 300,000, depending on the final requirements and any additional upgrades the buyer may choose to make.

Once the agricultural and structural stages are completed, the final step will be obtaining the use permit/certificate of use for events. This last stage is expected to be more straightforward, as it will mainly depend on the successful completion of the previous steps.

The estimated administrative cost for the permitting process is USD 25,000, of which USD 10,000 has already been paid as an initial payment, leaving a remaining balance of USD 15,000. This balance may be paid by the seller at the time of sale, leaving the administrative process already underway with the company handling the permits.

Once the final permits are obtained for the property to operate as an event venue, the property’s value is expected to increase substantially, as the regularization process will be completed and the business will be able to operate as a fully legalized event venue. For this reason, the current price represents an opportunity before that future value increase takes place.

For these reasons, the property is being offered at a competitive price of USD 2,350,000, representing an excellent opportunity for a buyer or investor looking to acquire an operating property, fully equipped, with active bookings, a proven income history, and strong potential for appreciation once the permitting and regularization process is completed.