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Property profile

0 79Th St Miami, FL 33138

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving, established insurance agency in Miami, Florida. Priced at $175,000, this turnkey business boasts a strong four-year track record, operating under the name Sebanda Insurance, a franchise agency. The agency holds direct appointments with Progressive and offers a diverse portfolio of insurance products, including auto, residential, commercial, health, life, and workers' compensation. The business enjoys a prime location on the second floor of a bustling shopping center conveniently situated off Biscayne Boulevard, providing ample parking for clients. The current lease encompasses 752 square feet at a monthly rent of $2,135, with a lease expiration date of December 31, 2024, and an option to renew. The seller's relocation necessitates the sale of this well-established business, presenting a unique chance for a buyer to acquire a profitable enterprise with immediate revenue generation. The property is categorized as both retail and office space, making it suitable for a variety of uses. The business is located in Miami-Dade County, Florida, with a specific address on NE 79th St, zip code 33138. This is a rare opportunity to acquire a profitable, established business in a high-traffic area with a strong existing client base and the potential for continued growth. The business is currently operating as a QSR/Fast Food and Executive Office space.

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

Location

79Th St Miami, FL 33138
Miami metro
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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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