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    7361 Coral Way Miami, FL 33155

    Sponsored
    For Sale
    $80,000

    Miami Retail Space - Owner Retiring

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional storefront opportunity at 7361 Coral Way in Miami, Florida, presents a lucrative investment prospect. Built in 1996, this retail space is ideally suited for a beauty salon, spa, or barbershop, having operated successfully as such for the past 14 years. The asking price is $80,000, representing a significant value for a turn-key operation. The property boasts a desirable location at the intersection of Coral Way and 73rd Avenue in the vibrant Westchester neighborhood, offering high visibility and foot traffic. Currently, the monthly rent is $2,000. All necessary licenses for continued operation in the existing business model are readily available to the new owner. The property's existing configuration is well-suited for its previous use, minimizing the need for extensive renovations. This is a rare chance to acquire an established business with a proven track record in a prime Miami location. The seller is motivated and ready to retire, making this an exceptional opportunity for a quick and profitable acquisition. The property is located in Miami-Dade County, Florida, with a zip code of 33155. Serious inquiries only

    Property Features for 7361 Coral Way

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1996

    HighLights

    • Turn‑key retail space in Miami, FL, asking $80,000.
    • Located at 7361 Coral Way, at the intersection of Coral Way and 73rd Avenue in Westchester.
    • High visibility location with strong foot traffic.
    • Currently generating $2,000/month in rent.
    • Suitable for beauty salon, spa, or barbershop; all necessary licenses transferable.
    • Minimal renovation needed; established business with 14‑year history.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nails Oriental Nail Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3148683
    Latitude
    25.7484582

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    FAQs

    What type of property is this?
    Individual retail property - Miami Retail Space - Owner Retiring
    Where is this individual retail property located?
    The property is located at 7361 Coral Way Miami, FL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Turn-key retail space in Miami, FL, asking $80,000.; Located at 7361 Coral Way, at the intersection of Coral Way and 73rd Avenue in Westchester.; High visibility location with strong foot traffic.
    Request Owner's contact information
    7361 Coral Way Miami, FL 33155
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    Miami, FL 33155
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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
    7361 Coral Way Miami, FL 33155
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