Property profile

18951 106Th Ave Miami, FL 33157

OFF-MARKET
Retail properties & Spaces
Built 2008
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Property summary

AI-generated overview

This exceptional turnkey spa business in Cutler Bay, Florida, presents a unique investment opportunity. Located at 18951 SW 106th Ave #B102, this 2008-built storefront and executive office space is priced at $69,999. The 7-treatment-room facility offers a wide range of high-quality services, including skincare rejuvenation, waxing, facials, and wellness treatments. Advanced technology is utilized for procedures such as microdermabrasion and permanent makeup, along with eyelash extensions and nail services. The business boasts a strong existing client base and active social media presence, contributing to its consistent flow of visitors. All spa equipment and furniture are included in the sale, ensuring a seamless transition for the new owner. Highly trained and certified staff are currently in place, further enhancing the operational efficiency and profitability. This established business offers significant potential for growth with strategic marketing initiatives, leveraging its prime location and comprehensive service offerings. The seller is motivated, making this an attractive proposition for a discerning buyer seeking a profitable and established business in a thriving South Florida market. The property is categorized as retail and office space, suitable for continued operation as a spa or potential adaptation to other compatible businesses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2008

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
  • Insurance Agency
  • Physician
  • Physician
  • Physician
  • Hardware & Home Improvement

Location

18951 106Th Ave Miami, FL 33157
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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