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    245 1St St Miami, FL 33131

    For Sale
    $84,000

    Thriving Spa & Academy - $84,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8-year-old, turn-key spa and beauty academy is for sale due to the owner's relocation. Located in the heart of Downtown Miami at 245 SE 1 ST, Miami, FL 33131, this established business offers a unique dual revenue stream. The storefront boasts a comprehensive service menu including nail care, microneedling, eyelash extensions, massages, facials, and cosmetic and paramedical micropigmentation. The fully operational beauty academy provides training and certifications, adding another layer of income and growth potential. This presents a rare opportunity for an investor to acquire a profitable, established business with a proven track record in a high-traffic, desirable location. The asking price is $84,000. The property is categorized as retail, specifically a storefront and salon/barbershop. This turnkey operation is ready for immediate ownership and continued success. Financial details are available upon request. Serious inquiries only. This is a prime opportunity to own a thriving business in a vibrant Miami location. The property is situated in Miami-Dade County, Florida.

    Property Features for 245 1St St

    General Information

    Property type
    Individual retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Betoland Miami, Inc Electronics Store BALDAN, Inc Home Theater Store We Insure Auto Insurance Agency Lake Philmore Attorney Endoscopy Solutions Medical Equipment Supplier

    Suggested Use

    Dental Office Spa & Massage Realty agency Restaurant Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1894439
    Latitude
    25.7735628

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    FAQs

    What type of property is this?
    Individual retail property - Thriving Spa & Academy - $84,000
    Where is this individual retail property located?
    The property is located at 245 1St St Miami, FL.
    What is the asking price?
    The asking price for this property is $84,000.
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    245 1St St Miami, FL 33131
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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
    245 1St St Miami, FL 33131
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