Property profile

in Miami 8Th Street Rd Miami, FL 33135

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional turnkey business opportunity presents a fully operational, full-service beauty salon located in the heart of Miami, Florida, on 8th Street, zip code 33135. The 800-square-foot space is ideally situated for convenient access and ample parking for both clients and staff. The salon boasts a loyal clientele and a dedicated team of three experienced professionals ready to continue providing high-quality services. Recent renovations include new flooring, enhancing the modern and inviting atmosphere. The sale includes top-of-the-line washer and dryer facilities, adding to the operational efficiency. Low overhead costs are a significant advantage, with an electric bill capped at $150 per month and water expenses totaling only $150 every three months. This allows for a focus on business growth and profitability. The asking price for this established and profitable business is $60,000. High-definition video showcasing the property is available upon request. This is a rare opportunity to acquire a well-established business with significant growth potential in a prime Miami location. The property is categorized as both retail and office space, suitable for a variety of uses. The business is currently operating as a storefront and executive office, also suitable for use as a salon or barbershop.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Bike Sharing Station
  • Boat Rental Service
  • Insurance Agency
  • Insurance Agency
  • Electronics & Wireless Store

Location

in Miami 8Th Street Rd Miami, FL 33135
Miami 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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