Property Miami for sale with MLS# A11990324

• ** 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

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

Price
Price:
$575,000.00
Original List Price:
$699,000.00
List Price per Sq Ft (Calculated, Approx.):
$174.24
Business Info
Year Established:
2016
Years Current Owner:
10
Special Licenses:
Liquor, City License, County License, State License
Hours and Days Of Operation:
Open 8 Hours/day
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Bar/tavern/lounge, Restaurant, Arts And Entertainment
Listing Category:
Business Opportunity
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 19, 2026 6:10 am
Measures
Built-Up Area:
3,300 Sqft
Lot Features:
Landscaped
Property Features
Waterfront:
No
Security:
Security Gate, Security Fence
Air Conditioning
Air Conditioning System:
Central Building
Heating
Heating System:
Central, Electric, Central Building
Building:
Storage, Restaurant, Kitchen Facilities, Private Restroom(s), Separate Office Area, Fenced Area, Manager On Premises, Lounge
Taxes and Expenses
Insurance Expense:
$5,000.00
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Books & Records, Copy Of Lease(s), Financial Statement, Equipment Inventory
Listing Terms Considered by Seller:
Cash, Assumable (The financing currently in place may be assumed), Owner Will Carry Points, Other
Buyer Possession:
Other, Close Of Escrow
Zoning and Legal
Zoning:
Commercial
Listing History
Active on the market since:
March 26, 2026
Listing Agreement executed on:
March 26, 2026
Price change occurred on:
August 19, 2026 6:10 am
Listing Status Last Changed On:
March 26, 2026 4:00 am
Photos updated on:
August 19, 2026 5:11 am
Last Modified:
August 19, 2026 5:11 am
Additional Information
Courtesy of:
U.S.A. Lending & Realty, Inc.
Attribution:
Not provided

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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
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Association of REALTORS®
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.