Hair Salon Suite with Massage
For Sale
$212,500
3190 NE Maple Avenue, Jensen Beach, FL 34957
Standalone salon suite with private bathroom, shower, and in-unit washer/dryer for tenant-ready operations.
Property Size500 SF
Price / SF$425
Days on Market97
Property Features for 3190 NE Maple Avenue
General Information
Standard status
Active
Size
500 SF
Total Parking Spaces
2
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,048
Amenities
Central Air
Central
Building Details
Building Size
500 SF
Year Built
1990
Stories
1
Listing Agency:
Re/Max Ultimate Realty
Listed By:
Mark Mullaney · License #673929
(772) 267-8909
Source:
Evrealestate
Added: Jun 4
Changed: Sep 8
Last Checked: Sep 8 at 8:20AM
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 Re/Max Ultimate Realty
Investment Insights
Based on property information with market context.
This property is a hair salon unit that includes a dedicated massage room. The suite has its own private bathroom, along with a shower and an in-unit washer and dryer, supporting day-to-day functionality without shared facilities. The unit is being offered with an additional office space located above it.
The offering includes 3192 NE Maple Ave, described as a 500-square-foot office above the salon. Based on the provided scores, the area is somewhat bikeable (BikeScore: 29) and car-dependent for walkability (WalkScore: 25). This combination of on-site services and an office component can be useful for operators who want a defined client-facing space with separate work or administrative space.
For buyers or lessees seeking a ready-to-operate service space, the presence of the massage room and private in-suite utilities helps reduce setup and coordination needs. The included office above the suite may also support service management, scheduling, or client-related work within the same overall property configuration. As presented, the unit is well suited to hair and wellness concepts that can use a salon layout with dedicated massage treatment space and private personal-care amenities.
The offering includes 3192 NE Maple Ave, described as a 500-square-foot office above the salon. Based on the provided scores, the area is somewhat bikeable (BikeScore: 29) and car-dependent for walkability (WalkScore: 25). This combination of on-site services and an office component can be useful for operators who want a defined client-facing space with separate work or administrative space.
For buyers or lessees seeking a ready-to-operate service space, the presence of the massage room and private in-suite utilities helps reduce setup and coordination needs. The included office above the suite may also support service management, scheduling, or client-related work within the same overall property configuration. As presented, the unit is well suited to hair and wellness concepts that can use a salon layout with dedicated massage treatment space and private personal-care amenities.
Key Highlights
- Year built 1990
- Standalone salon suite currently used as a hair salon with a massage room
- Private bathroom with shower in the unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$6,318
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,360
$126.4K
Cap Rate 7%
$90,257
$90.3K
Cap Rate 9%
$70,200
$70.2K
Market Conditions
NOI Build-Up for 500 SF
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.
Gross rent
$10.8K $21.60/SF
− Vacancy
−$2.4K −$4.75/SF
EGI
$8.4K $16.85/SF
− OpEx
−$2.1K −$4.21/SF
NOI
$6.3K $12.64/SF
Area
Martin County, FL
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$126,360
Cap Rate 7%
$90,257
Cap Rate 9%
$70,200
Alternative Uses
Best Use
Office B
$90.3K
$79.0K – $105.3K
NOI $6,318 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$131.4K
$114.9K – $153.3K
NOI $9,195 @ 7.0% cap · market cap 4.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34957, FL
22,955
Population
17,269
Households
1.3
Avg Household Size
59
Median Age
39%
College-Educated
94%
High-School Grad
16.4 sq mi
ZIP Area
1,400
Density / Sq Mi
$65,658
Median Household Income
$41,973
Median Earnings
$1,518
Median Rent
$378,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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- The Fitanista — 1050 NE Jensen Beach Blvd, Jensen Beach, FL 34957
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Standalone salon suite with private bathroom, shower, and in-unit washer/dryer for tenant-ready operations.
Where is this spa & wellness property located?
The property is located at 3190 NE Maple Avenue Jensen Beach, FL.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: Year built 1990; Standalone salon suite currently used as a hair salon with a massage room; Private bathroom with shower in the unit
