Technical
Financial
Distress signals
Property profile

17850 Dixie Hwy Palmetto Bay, FL 33157

OFF-MARKET
Retail properties & Spaces
Built 1974
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Property summary

AI-generated overview

This established Golden Trust Insurance franchise presents a fantastic opportunity for an entrepreneur seeking a turnkey operation. Located at 17850 S Dixie Hwy in Palmetto Bay, Miami-Dade County, Florida (zip code 33157), this retail business is ideally situated on US-1, a high-traffic road near major dealerships, ensuring excellent visibility and potential customer flow. The 1974-built office space is fully equipped and ready for immediate operation, including furniture (three office desks, six visitor chairs, three desk chairs, a printer table, two LG monitors, two HP keyboards, and two Mele mini PCs), a functional webpage with Google pinpoint location, and an inside bathroom with handicap bars. The franchise is licensed for auto, health, life, homeowner, and commercial insurance, allowing up to six agents to work concurrently. The lease is transferable, and the sale includes existing inventory. The business requires obtaining the necessary occupational license, permits, and passing a fire department inspection before opening. Utilities (water, garbage, and electricity) are not included in the lease. A two-year lease is in place, with a 3% rent increase in the second year. The asking price is $43,999, and the low rent makes this a highly attractive investment. The office space is already built to Golden Trust guidelines, and includes a convenient storage room.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Bar & Pub
  • Insurance Agency
  • Spa & Massage Center
  • Bar & Pub

Location

17850 Dixie Hwy Palmetto Bay, FL 33157
Palmetto Bay metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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