$6,150,000
Miami, FL 33136
MLS# RX-2902407
Status: Closed
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Property Description
Everything you've heard about the lavish 25,000 square foot eatery and lounge is true. From the icicle chandelier sculpted by Dale Chihuly to the waterfalls and reflecting pool by the entrance. Asset Sale - Over $25,000,000 was spent.
Details
Contract Information
Status: Closed
Original List Price: 6150000
Sold Price: $2,000,000
Current Price: $2,000,000
Listing Date: 2008-02-25
General Property Description
Type: Business
Business Name: Karu & Y
Business Type: Bar & Lounge
Year Established: 2006
Year Built: 2006
Location Tax Legal
Area: 2410
County: Miami-Dade
Parcel ID: 0000000000000000000000000
Street #: 71
Street Dir: NW
Street Name: 14
Street Suffix: Street
Zip Code: 33136
Status Change Info
Under Contract Date: 2008-06-22
Sold Date: 2008-07-01
Sold Price: $2,000,000
Terms of Sale: Cash
Building Info
# of Employees: 50
Monetary Info
Annual Gross Income: 8200000
Inc/Exp Stmnt Period: 2007
Fixtures/Equipment: 19000000
Property Features
License: City Occupational; Liquor
Sale Includes: Business Only; Equipment; Fixtures; Furniture
Expenses Incl: Personal Prop. Tax; Real Estate Tax; Rent
Avail Info: Books & Records; Copies of Lease
Avail Docs: Occupational License
Special Info: Corporate Owned
Road: Paved
Terms Considered: Cash
Listing Office: Americas Realty Inc.
Last Updated: March - 22 - 2014
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