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13980 232nd St - Banquet Facility 8,000 SF Specialty Building Offered at $2,950,000 at a 12.01% Cap Rate in Miami, FL 33170
INVESTMENT HIGHLIGHTS
- Revenue-generating event hall in Miami Florida. 12.1 % CAP RATE
- Significant amount of bookings in place for 2025-2026.
- Fantastic market for weddings, quinces, sweet sixteen, corporative events, and music concerts.
- Business, House and Land are included in the sale. 12.1 % CAPE RATE
- Financing options are available and can be negotiated with the seller
- Property boast a net operating income of $354,313.19.
EXECUTIVE SUMMARY
This investment opportunity offers the chance to purchase a well-established event venue in Miami, Florida, a leading destination for weddings and events in the U.S. The venue is listed at $2,950,000, and a net income of $354,313.19. The cap rate is 12.01%, making it a profitable turnkey business. Additionally, down payments for contracts extending through 2025-2026 will be reimbursed at closing or deducted from the final price, reducing the asking price to $2,950,000.
The property covers 4.7 acres and includes a ceremony area for up to 200 guests, a farm-style cocktail area with bar , and a 6,100 sq Ft, barn-style reception hall with a 25-ton air conditioning system, professional lighting, JBL / EV sound system, and Light DJ Effect. It also features a fully equipped kitchen, Bride and Groom Suite, ample storage, and maintenance areas. Additional amenities include parking for 200 guests and 40 private spaces, and a 1,802 Sq Ft 3 Bed / 2 Bath home for owner occupancy, on-site management, or rental income for $3,500/month. The business operates on a low-cost, high-margin model with minimal staffing—only two part-time employees (a secretary and a maintenance worker). Events are scheduled in 5-hour blocks, reducing the need for permanent staff. Legally binding contracts ensure future revenue through 2025-2026.
The sale of the event venue includes absolutely everything needed to host events—just bring the food you plan to cook that day. The property comes fully equipped with all necessary utensils, equipment, and supplies to accommodate events of over 150 guests.
Miami's event industry is strong with steady demand for venues, providing long-term stability for this business. The venue's reputation and location make it a popular choice for events. There is also potential for U.S. investor visas, offering a path to residency for qualifying buyers. Financing options are available and can be negotiated with the seller.
For more information or to arrange a private showing, contact Edgard at 1 (305) 303-0915 (English/Spanish) or email mrhugobeltran@gmail.com. Visit the website at www.lovelybarn.com or view on Instagram @lovelybarnvenue.
The property covers 4.7 acres and includes a ceremony area for up to 200 guests, a farm-style cocktail area with bar , and a 6,100 sq Ft, barn-style reception hall with a 25-ton air conditioning system, professional lighting, JBL / EV sound system, and Light DJ Effect. It also features a fully equipped kitchen, Bride and Groom Suite, ample storage, and maintenance areas. Additional amenities include parking for 200 guests and 40 private spaces, and a 1,802 Sq Ft 3 Bed / 2 Bath home for owner occupancy, on-site management, or rental income for $3,500/month. The business operates on a low-cost, high-margin model with minimal staffing—only two part-time employees (a secretary and a maintenance worker). Events are scheduled in 5-hour blocks, reducing the need for permanent staff. Legally binding contracts ensure future revenue through 2025-2026.
The sale of the event venue includes absolutely everything needed to host events—just bring the food you plan to cook that day. The property comes fully equipped with all necessary utensils, equipment, and supplies to accommodate events of over 150 guests.
Miami's event industry is strong with steady demand for venues, providing long-term stability for this business. The venue's reputation and location make it a popular choice for events. There is also potential for U.S. investor visas, offering a path to residency for qualifying buyers. Financing options are available and can be negotiated with the seller.
For more information or to arrange a private showing, contact Edgard at 1 (305) 303-0915 (English/Spanish) or email mrhugobeltran@gmail.com. Visit the website at www.lovelybarn.com or view on Instagram @lovelybarnvenue.
PROPERTY FACTS
| Price | $2,950,000 | Building Class | B |
| Price Per SF | $368.75 | Lot Size | 4.70 AC |
| Sale Type | Investment or Owner User | Building Size | 8,000 SF |
| Cap Rate | 12.01% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1947/2020 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 18.75/1,000 SF |
| Zoning | 9000 - Agricultural / Residential | ||
| Price | $2,950,000 |
| Price Per SF | $368.75 |
| Sale Type | Investment or Owner User |
| Cap Rate | 12.01% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 4.70 AC |
| Building Size | 8,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1947/2020 |
| Parking Ratio | 18.75/1,000 SF |
| Zoning | 9000 - Agricultural / Residential |
AMENITIES
- Controlled Access
- Wheelchair Accessible
- Air Conditioning
- Backup Power / Generators
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Hugo Beltran
13980 232nd St - Banquet Facility
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