19201 Collins Ave Sunny Isles Beach, FL 33160
This thriving convenience store, located at 19201 Collins Ave #CU-227 in Sunny Isles Beach, Florida (33160), is offered for sale at $150,000. Established in 1966, this turnkey operation boasts a prime waterfront location within the Marco Polo Hotel/Shopping Plaza. The business includes all necessary licenses for tobacco, wine, and beer sales, eliminating bureaucratic hurdles for the new owner. A substantial inventory valued at $100,000 is included in the sale price. The store is fully equipped with security features such as alarms and cameras, along with additional amenities like a projector and refrigerators. Currently operating under a favorable 3-year lease at $1,000 per month plus 5% tax, the lease includes electricity and three free parking spaces, with options to renew for three additional 3-year terms. This presents a unique opportunity to acquire a profitable, established business in a highly desirable location with significant growth potential. The business is situated in Miami-Dade County and benefits from its strong location within a busy shopping plaza.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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