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Active Business Opportunity
$499,000
Established Banquet Hall in Cutler Bay, Cutler Bay FL 33157, Cutler Bay, FL 33157
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
Year Built

About This Property

Established and highly profitable banquet hall/event venue located in a prime high-traffic area of Cutler Bay. Fully licensed and permitted operation with an outstanding online presence, including 234+ positive Google reviews and strong social media engagement. Current lease rate is $6,190/month, with landlord willing to offer a new lease term of 4 years or longer, plus renewal options at the same rental rate. The shopping center offers ample parking with over 400 parking spaces for guests & events. Sale includes transfer of lease, furniture, fixtures, equipment, inventory, phone numbers, customer database, email accounts, websites, and social media profiles including Google, Facebook, Instagram, and TikTok. Business offers strong existing cash flow with significant upside potential through active management, expanded marketing, and additional event bookings. Excellent opportunity for an owner-operator or investor seeking a turnkey business in a growing market. Financials available upon request with NDA.

Property Details

Property Type Business Opportunity
Days on Market 1 day
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Dr. Henry E. Perrine Acad. of The Arts
Elementary 305-235-2442
K-5
8851 SW 168 St., Perrine, FL 33157
Southwood Middle
Middle 305-251-5361
6-8
16301 SW 80 Ave., Miami, FL 33157
Miami Palmetto Senior High
High School 305-235-1360
9-12
7460 SW 118 St., Pinecrest, FL 33156

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Cutler Bay

Est. Market Value
$644,004
Range: $570,000 – $714,000
Listed 22.5% below estimated market value — $145,004 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
9401 Jamaica Dr, Cutler Bay FL 33189
SOUTH CORAL HOMES SEC 2 · 1955
$570,000
May 26, 2026
$575,000
$380/sf
3
2
1,501
-0.9%
9990 Broad Channel Dr, Cutler Bay FL 33157
BEL-AIRE SEC 1 · 1957
$714,000
May 22, 2026
$730,000
$383/sf
4
2
1,862
-2.2%
9420 SW 192nd Dr, Cutler Bay FL 33157
WHISPERING PINES EST SEC · 1964
$735,000
May 21, 2026
$749,999
$501/sf
3
2
1,468
-2%
7821 SW 197th Ter, Cutler Bay FL 33189
SAGA BAY SEC 1 PT 4 · 1987
$649,900
May 21, 2026
$649,900
$293/sf
4
2
2,219
+0%
19335 Franjo Rd, Cutler Bay FL 33157
WHISPERING PINES EST SEC · 2025
$675,000
May 20, 2026
$675,000
$521/sf
4
2
1,296
+0%
8540 SW 212th St # 303, Cutler Bay FL 33189
LE CLUB AT OLD CUTLER CON · 1988
$220,000
May 20, 2026
$249,900
$198/sf
2
2
1,113
-12%
18462 SW 88th Pl, Cutler Bay FL 33157
BEL-AIRE SEC 23 · 1978
$890,000
May 15, 2026
$879,000
$487/sf
3
2
1,826
+1.3%
19930 Christmas Rd, Cutler Bay FL 33157
PINE TREE MANOR SEC 3 · 1958
$505,000
May 15, 2026
$479,000
$440/sf
3
1
1,147
+5.4%
8711 SW 191st St, Cutler Bay FL 33157
WHISPERING PINES ESTATES · 1958
$650,000
May 15, 2026
$650,000
$501/sf
3
2
1,297
+0%
20125 SW 106th Ave, Cutler Bay FL 33189
BENSON MANOR · 1963
$595,000
May 15, 2026
$615,000
$519/sf
3
2
1,147
-3.3%
$649,950
Median Sale
$636,737
Trimmed Avg
$438/sf
Avg $/sqft
10 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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