Property summary
Exceptional redevelopment opportunity in Miami, Florida, at 7624 NW 22nd Ave, 33147. This 816 sq ft Class C storefront, built in 1954, sits on a single story building and offers high occupancy (100%) with multiple tenants. Currently leased to a lash technician ($400/month) and a hairstylist ($600/month) on six-month leases. The property features two private rooms, ideal for beauty or wellness services. The asking price is $50,000, with a triple net (NNN) lease structure. Three parking spaces are available. Rent increases annually by 5%. The property is suitable for a variety of uses, including beauty studios, salons, barbershops, and wellness businesses. This is a multi-tenant property with a remaining lease term of two years. No credit rating is available for the current tenants. This is a great investment opportunity for a motivated buyer seeking a high-return property in a prime Miami location. The property is not subject to a ground lease.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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