$575,000

( $174.24Per Sq Foot )

$3,087 est/mo Sourced by Back At You

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Description

** ** MOTIVATED SELLER - 100% ABSENTEE BUSINESS ** **10-Year Established Smoke LoungeLocated in the HEART of Wynwood!!!**Generating CLOSE TO $800,000+ per year (on books)**Hookah profit margins 80%+**Asking $575,000**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

Details

MLS #	A11990324
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Days On Site	165
Listing Provided By	U.S.A. Lending & Realty, Inc. \| Zena M Bardawell

Features

SQ Feet	3,300
Zoning	Commercial

Exterior

Lot Features	Central Business District, City Lot, Landscaped

Area Information

State	FL
County	Miami Dade
City	Miami
Zip Code	33127
Area	2310
Listing VS Median (in 33127)
Price: $575,000 low \| high Med: $408,100 79.026086956522% of Average sqft: 3,300 low \| high Med: 831 100% of Average $ / sqft: $174 low \| high Med: $852 100% of Average On site: 165 low \| high Med: 7 100% of Average

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Market Activity 33127

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 4	Avg $ Per SqFt: $483.75	Min Sale Price: $399,000	Max Sale Price: $1,600,000	Med Sale Price: $850,000
Date: Jun 2026	Sales: 9	Avg $ Per SqFt: $433.86	Min Sale Price: $385,000	Max Sale Price: $679,000	Med Sale Price: $595,000
Date: May 2026	Sales: 8	Avg $ Per SqFt: $538.12	Min Sale Price: $155,000	Max Sale Price: $890,000	Med Sale Price: $532,500
Date: Apr 2026	Sales: 9	Avg $ Per SqFt: $472.65	Min Sale Price: $385,000	Max Sale Price: $1,300,000	Med Sale Price: $600,000
Date: Mar 2026	Sales: 11	Avg $ Per SqFt: $385.51	Min Sale Price: $289,900	Max Sale Price: $1,700,000	Med Sale Price: $500,000
Date: Feb 2026	Sales: 2	Avg $ Per SqFt: $586.89	Min Sale Price: $520,000	Max Sale Price: $1,000,000	Med Sale Price: $760,000
Date: Jan 2026	Sales: 5	Avg $ Per SqFt: $467.87	Min Sale Price: $275,000	Max Sale Price: $1,200,000	Med Sale Price: $750,000
Date: Dec 2025	Sales: 2	Avg $ Per SqFt: $373.67	Min Sale Price: $525,000	Max Sale Price: $640,000	Med Sale Price: $582,500
Date: Nov 2025	Sales: 1	Avg $ Per SqFt: $186.25	Min Sale Price: $390,000	Max Sale Price: $390,000	Med Sale Price: $390,000
Date: Sep 2025	Sales: 4	Avg $ Per SqFt: $403.72	Min Sale Price: $690,000	Max Sale Price: $1,300,000	Med Sale Price: $705,000

Sourced by Back At You

Jul 2026
Sales:	4
Avg $ Per SqFt:	$483.75
Min Sale Price:	$399,000
Max Sale Price:	$1,600,000
Med Sale Price:	$850,000
Jun 2026
Sales:	9
Avg $ Per SqFt:	$433.86
Min Sale Price:	$385,000
Max Sale Price:	$679,000
Med Sale Price:	$595,000
May 2026
Sales:	8
Avg $ Per SqFt:	$538.12
Min Sale Price:	$155,000
Max Sale Price:	$890,000
Med Sale Price:	$532,500
Apr 2026
Sales:	9
Avg $ Per SqFt:	$472.65
Min Sale Price:	$385,000
Max Sale Price:	$1,300,000
Med Sale Price:	$600,000
Mar 2026
Sales:	11
Avg $ Per SqFt:	$385.51
Min Sale Price:	$289,900
Max Sale Price:	$1,700,000
Med Sale Price:	$500,000
Feb 2026
Sales:	2
Avg $ Per SqFt:	$586.89
Min Sale Price:	$520,000
Max Sale Price:	$1,000,000
Med Sale Price:	$760,000
Jan 2026
Sales:	5
Avg $ Per SqFt:	$467.87
Min Sale Price:	$275,000
Max Sale Price:	$1,200,000
Med Sale Price:	$750,000
Dec 2025
Sales:	2
Avg $ Per SqFt:	$373.67
Min Sale Price:	$525,000
Max Sale Price:	$640,000
Med Sale Price:	$582,500
Nov 2025
Sales:	1
Avg $ Per SqFt:	$186.25
Min Sale Price:	$390,000
Max Sale Price:	$390,000
Med Sale Price:	$390,000
Sep 2025
Sales:	4
Avg $ Per SqFt:	$403.72
Min Sale Price:	$690,000
Max Sale Price:	$1,300,000
Med Sale Price:	$705,000

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Contact

Learn More About This Property

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157 frank@preferredpropertiesint.com

State	FL
County	Miami Dade
City	Miami
Zip Code	33127
Area	2310
Listing VS Median (in 33127)
Price: $575,000 low \| high Med: $408,100 79.026086956522% of Average sqft: 3,300 low \| high Med: 831 100% of Average $ / sqft: $174 low \| high Med: $852 100% of Average On site: 165 low \| high Med: 7 100% of Average

Sourced by Back At You

Nearby Listings (Within 1/4 mile)

Price: $431K - $718K

sqft: 2,000 - 4,000

Nearby Listings Property Image	Nearby Listings Details
	$3,350,000 118 Nw 24th St Miami, FL 33127
	$3,350,000 118 Nw 24th Street Miami, FL 33127
	$30,000 376 Nw 25th Street Miami, FL 33127
	$20,000 376 Nw 25th Street Miami, FL 33127

Listing Updated: August 25, 2026 at 3:43:29 AM PDT