Turnkey Convenience Store
708 SW 17th Ave Miami, FL 33135
708 SW 17th Ave, Miami, FL, 33135
Contact for pricing
For Sale
Contact for pricing
Profitable, fully renovated convenience store in high-traffic Miami location.
Property Size600 SF
Price / SF$416.67
Days on Market138
Property Features for 708 SW 17th Ave
General Information
- Standard status
- Active
- Size
- 600 SF
- Property subtype
- Business for Sale
Listing Agency
LUXE Properties
Listed by
Stefanie Bergmann · License #3266872
Source
Crexi
Added: Mar 1 Checked: Jul 16 at 9:14 am
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 LUXE Properties
Investment Insights
Based on property information with market context.
This is a fully turnkey convenience store located in a high-traffic area. The operation functions as a convenience store, smoke shop, mini cafeteria, and ice cream shop. The business has been open for 9 months and features a complete interior renovation. All equipment, fixtures, and inventory are included with the sale. The inventory and equipment include a new ice cream machine, an industrial-grade espresso and coffee machine, a full inventory of vapes, edibles, cigarettes, and accessories, snacks, beverages, and essential toiletry items. The store is located less than one block from Calle Ocho. The property offers parking in the front and rear. Neighboring anchor businesses include a beauty supply store, La Granja, and a soccer merchandise shop.
Key Highlights
- Fully turnkey 24/7 convenience store in a prime, high‑traffic location.
- Versatile operation: convenience store, smoke shop, mini cafeteria, and ice cream shop.
- Complete interior renovation and brand new equipment, fixtures, and inventory included.
Local 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 | $31.2k | $51.96 |
| − Vacancy | −$3.2k | −$5.35 |
| EGI | $28.0k | $46.61 |
| − OpEx | −$8.4k | −$13.98 |
| NOI | $19.6k | $32.63 |
600 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 11.34%
Second Best
Retail
$279.6K
$244.7K – $326.3K
NOI $19,575 @ 7.0% cap · market cap 7.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Niebla Shoes
Clothing & Fashion Store
Similar For Sale Nearby
Similar Off Market Nearby
- Sapil Supermarket — 2201 SW 16th St, Miami, FL 33145
- Supermercado argentino — 1305 SW 8th St, Miami, FL 33135
- Latin Cafe & Mini Market — 1164 SW 17th Ave, Miami, FL 33135
- La Bodeguita De Lazaro — 0141020110280, Miami, FL 33135
- Presidente Supermarket — 1895 SW 8th St, Miami, FL 33135
FAQs
What type of property is this?
Grocery and convenience store - Profitable, fully renovated convenience store in high-traffic Miami location.
Where is this grocery and convenience store located?
The property is located at 708 SW 17th Ave Miami, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully turnkey 24/7 convenience store in a **prime, high‑traffic location.**; Versatile operation: convenience store, smoke shop, mini cafeteria, and ice cream shop.; **Complete interior renovation and brand new equipment, fixtures, and inventory included.**
