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    19201 Collins Ave Sunny Isles Beach, FL 33160

    For Sale
    $150,000

    Turnkey Convenience Store, High Income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This thriving convenience store, located at 19201 Collins Ave #CU-227 in Sunny Isles Beach, Florida (33160), is offered for sale at $150,000. Established in 1966, this turnkey operation boasts a prime waterfront location within the Marco Polo Hotel/Shopping Plaza. The business includes all necessary licenses for tobacco, wine, and beer sales, eliminating bureaucratic hurdles for the new owner. A substantial inventory valued at $100,000 is included in the sale price. The store is fully equipped with security features such as alarms and cameras, along with additional amenities like a projector and refrigerators. Currently operating under a favorable 3-year lease at $1,000 per month plus 5% tax, the lease includes electricity and three free parking spaces, with options to renew for three additional 3-year terms. This presents a unique opportunity to acquire a profitable, established business in a highly desirable location with significant growth potential. The business is situated in Miami-Dade County and benefits from its strong location within a busy shopping plaza.

    Property Features for 19201 Collins Ave

    General Information

    Property type
    Individual retail properties

    Building Details

    Year Built
    1966

    HighLights

    • Turnkey convenience store for sale at $150,000.
    • Prime waterfront location in Sunny Isles Beach, FL (Marco Polo Hotel/Shopping Plaza).
    • Includes all licenses for tobacco, wine, and beer sales; $100,000 inventory included.
    • 3‑year lease at $1,000/month + 5% tax, including electricity and 3 parking spaces, with renewal options.
    • Fully equipped with security (alarms, cameras) and amenities (projector, refrigerators).
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sunny Isles Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1198998
    Latitude
    25.9543176

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    FAQs

    What type of property is this?
    Individual retail property - Turnkey Convenience Store, High Income
    Where is this individual retail property located?
    The property is located at 19201 Collins Ave Sunny Isles Beach, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Turnkey convenience store for sale at $150,000.; Prime waterfront location in Sunny Isles Beach, FL (Marco Polo Hotel/Shopping Plaza).; Includes all licenses for tobacco, wine, and beer sales; $100,000 inventory included.
    Request Owner's contact information
    19201 Collins Ave Sunny Isles Beach, FL 33160
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    Sunny Isles Beach, FL 33160
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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
    19201 Collins Ave Sunny Isles Beach, FL 33160
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