Business Opportunity · Commercial
122 NE 2nd St, West Palm Beach FL 33432, WEST PALM BEACH, FL, 33432
Active337 days on marketListed Sep 13, 2025MLS #A11878142
About this property
The property at a glance
Don’t miss this rare opportunity to acquire a well-established Gyro Restaurant in the heart of Mizner, one of Boca Raton’s most sought-after dining and entertainment districts. This business has been serving loyal customers for years and continues to thrive with a strong reputation for quality and consistency. ?? E1/E2 Visa Eligible – perfect for foreign investors seeking a profitable, established U.S. business. ?? High Online & Delivery Sales – strong digital presence with proven performance on delivery platforms. ?? Prime Location – located in Mizner, a high-traffic area known for shopping, dining, and nightlife. Ideal for an investor, operator, or family business, this restaurant offers a turnkey operation in one of South Florida’s most desirable markets.
0
Lot sq ft
1966
Year built
AR
Zoning
Commercial
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,973/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
4,248
Population
$93,358
Median income
50
Median age
2
Avg household
$1,181,851
Median home value
$2,714/mo
Median rent
111
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
It's all about the grape. This population enjoys a trip to the vineyard to learn about wine and sharing a good bottle with friends and family.
Recent sales
What actually sold near 122 NE 2nd St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$6,214
300 SW 2nd Avenue, Boca Raton FL 33432
Sold Mar 1, 2025
$1,525,000
850 SE 7 Street, Deerfield Beach FL 33441
Sold Oct 24, 2025
$250,000
Tbd Confidential - Kmf-00262, Deerfield Beach FL 33441
Sold Apr 3, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 122 NE 2nd St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 122 NE 2nd St.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Real Deal Homes · Ahmet Emre Yilmaz. MLS #A11878142.
IDX information is provided exclusively 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 accurate by Miami Association of REALTORS®.
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