19201 Collins Ave Sunny Isles Beach, FL 33160
This exceptional commercial property, located at 19201 Collins Ave in Sunny Isles Beach, Florida (zip code 33160), presents a unique investment opportunity. Built in 1966, this turnkey storefront is ideally situated within the Marco Polo Ramada hotel, providing convenient access for both local clientele and hotel guests. The 1966-built space previously operated as a multi-service salon, encompassing a barbershop, hair salon, nail salon, and a massage room with a massage bed. The sale does not include the business name "Master Barbers" or its logo. The property offers significant potential for increased profitability through the implementation of a direct-pay payroll system for licensed employees. Amenities include an automatic push door opener and a dedicated storage room. Employee parking is free, while clients can utilize valet parking for a fee of $7. The property is zoned for commercial use and is ready for immediate occupancy. This is a rare opportunity to acquire a well-established space in a high-traffic, desirable location. The asking price for this land and building is $180,000. The property is categorized as commercial, storefront, and executive office space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.