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    17850 Dixie Hwy North Miami Beach, FL 33160

    For Sale
    $92,000

    Established Spa, High Revenue, Turnkey Opportunity

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional turnkey esthetician spa business in North Miami Beach, Florida, presents a unique investment opportunity. Established in 2017 and operating in its current location for three years, the business boasts a strong track record with a gross revenue of $221,000 in 2023. The 1,250-square-foot space is situated in a charming villa, offering convenient access to Sunny Isles, Aventura Mall, and major shopping centers. The property features a spacious reception area, five private treatment rooms of varying sizes, a full kitchen, a private bathroom, two adaptable spaces, and two storage areas. The business is fully furnished, equipped, and decorated, ready for immediate operation. Ample free parking is available for clients. The current lease has three years remaining, with a below-market rent of $3,500 per month. The seller is willing to provide training and may offer some financing options, making this a truly attractive proposition for a prospective buyer. This is a rare chance to acquire a profitable, established business in a prime location with significant growth potential. The business is located at 17850 W Dixie Hwy, Suite B, North Miami Beach, FL 33160.

    Property Features for 17850 Dixie Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    1,250 SF

    Building Details

    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.149994722646
    Latitude
    25.94053804189

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    FAQs

    What type of property is this?
    Investment property - Established Spa, High Revenue, Turnkey Opportunity
    Where is this investment property located?
    The property is located at 17850 Dixie Hwy North Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $92,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17850 Dixie Hwy North Miami Beach, FL 33160
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