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71 NW 14 Street, Miami, FL 33136

$2,000,000

Property Type: Business Status: Closed

Current Price: $2,000,000 Last Modified: 3/22/2014

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.

More Information MLS# RX-2902407

General Property Description

Business Name: Karu & Y Business Type: Bar & Lounge Year Established: 2006 Type: Business Year Built: 2006

Location, Tax & Legal

State/Province: FL Short Sale: No REO: No Area: 2410 County: Miami-Dade Parcel ID: 0000000000000000000000000 Street #: 71 Street Dir: NW Street Name: 14 Street Suffix: Street Zip Code: 33136

Office/Member Info

DXORIGMLNO: RX-2902407 DXORIGMLSID: RML

Status Change Info

Terms of Sale: Cash Under Contract Date: 2008-06-22 Sold Date: 2008-07-01 Sold Price: $2,000,000

Building Info

# of Employees: 50

Monetary Info

Annual Gross Income: 8200000 Cost of Sales: 0 Gross Oper Income: 0 Other Income: 0 Total Expenses: 0 Net Oper Income: 0 Inc/Exp Stmnt Period: 2007 Fixtures/Equipment: 19000000

Location

City: 1

License

City Occupational: 1 Liquor: 1

Sale Includes

Business Only: 1 Equipment: 1 Fixtures: 1 Furniture: 1

Expenses Incl

Personal Prop. Tax: 1 Real Estate Tax: 1 Rent: 1

Avail Info

Books & Records: 1 Copies of Lease: 1 Photos: 1

Avail Docs

Occupational License: 1

Special Info

Corporate Owned: 1

Road

Paved: 1

Terms Considered

Cash: 1

Contract Information

Status: Closed Original List Price: 6150000 Sold Price: $2,000,000 Current Price: $2,000,000 Listing Date: 2008-02-25

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

71 NW 14 Street, Miami, FL 33136- MLS# RX-2902407

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