One-Story Freestanding Retail
For Sale
$2,050,000
2597 SW 37th Ave, Miami, FL 33133
Zoned T6-8-O and currently occupied by an established liquor-store operation in a one-story freestanding retail building.
Property Size2,740 SF
Lot Size0.15 Acres
Price / SF$748.18
Days on Market12
Property Features for 2597 SW 37th Ave
General Information
Standard status
Active
Size
2,740 SF
Total Parking Spaces
8
Lot size
0.15 Acres
Property subtype
Retail
Zoning
T6-8-O
Site & Location
Corner Location
Yes
Utilities to Site
Yes
Additional Details
Asking Price
$2,050,000
Building Details
Building Size
2,740 SF
Year Built
1950
Buildings
1
Stories
1
Construction
CBS/concrete-block-with-brick
Listing Agency:
FortMark, LLC
Listed By:
Daniel Hidalgo-Sandoval · License #3561017
Source:
Casacollectiongroup
Added: Jul 21
Changed: Jul 31
Last Checked: Jul 31 at 11:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FortMark, LLC
Investment Insights
Based on property information with market context.
One-story freestanding retail storefront building on a corner lot totaling 6,325 SF, improved with a 2,740 SF CBS/concrete-block-with-brick structure. The property features central building A/C, public water and sewer service, and is currently occupied by an established liquor-store operation.
The site includes 160 feet of frontage and provides eight assigned parking spaces. Zoning is T6-8-O.
The property may support continued retail use, and it may also be evaluated for future mixed-use development, subject to independent zoning, entitlement, survey, environmental, and other due-diligence review.
The site includes 160 feet of frontage and provides eight assigned parking spaces. Zoning is T6-8-O.
The property may support continued retail use, and it may also be evaluated for future mixed-use development, subject to independent zoning, entitlement, survey, environmental, and other due-diligence review.
Key Highlights
- 2,740 SF one‑story CBS/concrete‑block‑with‑brick retail storefront building
- 6,325 SF corner lot with 160 feet of frontage
- Central building A/C, plus public water and sewer
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.4k | $51.96 |
| − Vacancy | −$14.7k | −$5.35 |
| EGI | $127.7k | $46.61 |
| − OpEx | −$38.3k | −$13.98 |
| NOI | $89.4k | $32.63 |
2,740 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.28M
$1.12M – $1.49M
NOI $89,394 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.85M
$1.62M – $2.16M
NOI $129,466 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
6,544
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Maria’s Flowers — 3130 Bird Ave, Miami, FL 33134
- Maria’s Sidewalk Flowers — 3130 Bird Ave, Coconut Grove, FL 33134
- JJ Orchids — 3140 McDonald St, Miami, FL 33133
- Isa Entreflores — 4100 Salzedo St, Coral Gables, FL 33146
- MR Fresh Orchids Us1 — 3250 S Dixie Hwy #3617, Miami, FL 33133
Frequently Asked Questions
What type of property is this?
Storefront property - Zoned T6-8-O and currently occupied by an established liquor-store operation in a one-story freestanding retail building.
Where is this storefront property located?
The property is located at 2597 SW 37th Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 2,740 SF one‑story CBS/concrete‑block‑with‑brick retail storefront building; 6,325 SF corner lot with 160 feet of frontage; Central building A/C, plus public water and sewer
