0 Xxx Collins Sunny Isles Beach, FL 33160
This exceptional 1700 sq ft storefront in Sunny Isles Beach, Florida (33160), presents a lucrative investment opportunity. Currently operating as a thriving salon, the property boasts 10 hair styling stations, 3 manicure/pedicure stations, and 3 hair washing stations, catering to a high-end clientele. The strategic location in Miami-Dade County, directly across from luxury residences, ensures a steady stream of affluent customers. Further enhancing the income potential are three additional rentable rooms, perfectly suited for services like facials, massages, or waxing. The main room generates $1300/month in rental income, while the two smaller rooms each command $700/month. This turnkey business offers immediate returns and significant upside potential for a discerning investor seeking a premium location and established clientele in South Florida's coveted Sunny Isles Beach. The asking price is $420,000. Detailed financial information is available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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