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Property profile & analytics
OFF-MARKET
Specialty properties

0 Collins Ave Miami Beach, FL 33180

3,500 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,500 square foot beauty salon and spa is ideally situated in the heart of Sunny Isles Beach, Florida, within a vibrant area featuring modern residential buildings and a high volume of foot traffic from a nearby shopping center. The property boasts a prime Collins Avenue address in Miami-Dade County (zip code 33180) and includes a private terrace and assigned parking spaces. The business benefits from a substantial existing customer database and utilizes free-of-charge credit card processing terminals. The interior features six fully renovated procedure rooms with built-in furniture, eleven hair stations, nine manicure stations, six pedicure chairs, and three head wash stations. The property's HVAC system was recently upgraded in May 2021 with the installation of a 12-ton AC unit. Offered at $500,000, this turnkey operation generates a strong net operating income (NOI) of $259,981, representing a significant investment opportunity. The property is offered with 100% ownership and operates under a modified lease agreement. This is a rare chance to acquire a well-established and profitable business in a prime location.

Property profile
Verified
Property type Specialty properties
Total area 3,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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