Property Miami for sale with MLS# A11990324

• WYNWOOD MONEY MAKER FOR SALE ** 10-Year Established Smoke Lounge Located in the HEART of Wynwood!!! • Generating CLOSE TO $1M+ per year (on books) • Hookah profit margins 80%+ • Asking $699,000 • 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

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Days on the market

The street address for this listing (MLS-A11990324) is private

Price
Price:
$699,000.00
Original List Price:
$699,000.00
Business Info
Financial Data Source:
Owner
Year Established:
2016
Years Current Owner:
10
Number Of Full Time Employees:
10
Operating Expense Includes:
Accounting, Electric, Legal, Licenses, Rent, Utilities, Water/sewer, Advertising, Fuel, Trash, Insurance, Supplies
Special Licenses:
City, State, Liquor, County
Hours and Days Of Operation:
Open 8 Hours Per Day
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Bar/tavern/lounge, Restaurant
Listing Category:
Business Opportunity
MLS Number:
A11990324
Description of Last Important Update:
New Listing
Last Major Update on:
March 26, 2026 8:31 pm
Measures
Built-Up Area:
3,300 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Security:
Security Gate, Fenced
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Taxes and Expenses
Tax Annual Amount:
$0.00
Insurance Expense:
$5,000.00
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Building Name:
This is a Hookah Lounge
Senior Community:
No
Terms
Documents Available:
Financials, Inventory, Lease
Listing Terms Considered by Seller:
Cash, Assumable (The financing currently in place may be assumed), Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note), Owner May Carry 2nd Mortgage (Owner Financing, The Seller may be interested in carrying second mortgage note
Occupant Type:
Owner
Buyer Possession:
Other, Close Of Escrow
Zoning and Legal
Zoning Description:
Commercial
Listing History
Originally published on:
March 26, 2026 8:31 pm
Active on the market since:
March 26, 2026
Price change occurred on:
March 26, 2026 8:28 pm
Listing Status Last Changed On:
March 26, 2026 8:31 pm
Photos updated on:
March 27, 2026 5:01 am
Last Modified:
March 27, 2026 5:01 am
Additional Information
Municipal Code:
1
Subdivision Number:
0
Courtesy of:
U.S.A. Lending & Realty, Inc.
Attribution:
Not provided

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.