Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9608 77Th Ave Kendall, FL 33156
    Property profile & analytics

    9608 77Th Ave, Kendall, FL 33156

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 9608 77Th Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    This thriving, established salon in Miami's Kendall neighborhood, located minutes from Dadeland Mall, presents a unique investment opportunity. Priced at $150,000, this turnkey storefront boasts over 2,800 active clients and averages 1,000+ monthly services. The business has been successfully operating for six years, providing a wide array of services including luxurious body and facial treatments, brow and lash services, manicures, pedicures, spray tanning, makeup application, and hair services. The fully equipped salon features a hair wash chair, blow dry station, wax station, and a comprehensive suite of advanced skincare technology including a centrifuge machine for plasma, radio frequency face and body machine, ultra body cavitation machine, hydrafacial machine, LED machine, microdermabrasion and microneedling machine. The salon also includes a secure front desk with an iPad for appointment scheduling, six manicure desks, and four pedicure chairs equipped with massage features, TVs, and security cameras. This profitable business is ready for a new owner to continue its success. The address is 9608 SW 77TH AVE, Miami, FL 33156, in Miami-Dade County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kendall
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3189
    Latitude
    25.6806

    Comparable in this City

    • Value Estimation by Request

      Beauty Salon & Spa In Pinecrest

      Individual retail properties
      0 Beauty Salon & Spa In Pinecrest, Pinecrest, FL 33156
      View Details
    • Value Estimation by Request

      Kendall Dr

      Individual retail properties
      0 Kendall Dr, Miami, FL 33156
      View Details
    • Value Estimation by Request

      Full-Service Beauty Salon For Sale In Pinecrest

      Individual retail properties
      0 Full-Service Beauty Salon For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • Value Estimation
      $35,495,000
      223,923 SF

      7675 Kendall Dr

      RETAIL STORES (PERSONAL SERVICES)
      7675 Kendall Dr, Miami, FL 33156-7609
      View Details
    • Value Estimation by Request
      1,429 SF

      7350 89th Stcu2

      RETAIL STORES (PERSONAL SERVICES)
      7350 89th Stcu2, Miami, FL 33156-7683
      View Details
    • Value Estimation by Request
      1,099 SF

      9045 Dadeland Blvd

      RETAIL STORES (PERSONAL SERVICES)
      9045 Dadeland Blvd, Miami, FL 33156-2955
      View Details

    Similar Nearby for Sale

    • $160,000

      Full-Service Salon in Pinecrest Area

      Full-service salon for sale, located between Coral Gables and Pinecrest.
      Full-Service Beauty Salon For Sale In Pinecrest, Miami, FL 33156
      View Details
    • $140,000

      Prime Pinecrest Beauty Salon

      Established Salon, Turnkey Opportunity
      0 Full-Service Beauty Salon For Sale In Pinecrest, Pinecrest, FL 33156
      View Details
    • Contact for pricing
      13,001 SF

      Prime Retail Opportunity on Dixie

      Highly visible retail property on South Dixie Highway for sale.
      9855 S Dixie Hwy, Pinecrest, FL 33156
      View Details
    • $35,000

      Jewelry Kiosk in Dadeland Mall

      Jewelry store kiosk business for sale in Dadeland Mall.
      Jewelry Kiosk For Sale In Dadeland Mall, Miami, FL 33156
      View Details
    • $85,000

      Turnkey Restaurant Opportunity in Kendall

      Restaurant for sale in prime location near Dadeland Mall.
      For Sale Near Dadeland Mall Asian Restaurant With Ter, Kendall, FL 33156
      View Details

    Similar Nearby for Lease

    • New
      $13,036 /Mo
      6,752 SF

      Freestanding Corner Retail Building

      Freestanding corner retail building with on-site parking on US-1, zoned BU-3 for flexible commercial use.
      9308 S Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in Pinecrest Available

      Retail space with dual street access and prime visibility.
      12303-12311 S Dixie Hwy, Pinecrest, FL 33156
      View Details
    • Contact for pricing
      1,270 SF

      Retail/Office Space on Dixie Highway

      Retail or office space with frontage on South Dixie Highway.
      12651-12751 S Dixie Hwy, Pinecrest, FL 33156
      View Details
    • Contact for pricing
      2,559 SF

      Retail Space on Dixie Highway

      Retail space with high visibility and ample parking.
      11205-11535 S Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing
      6,640 SF

      Retail/Medical Building on South Dixie

      Free-standing building with ample parking and high visibility.
      13595 S Dixie Hwy, Miami, FL 33156
      View Details
    • Contact for pricing
      16,990 SF

      Retail Space Near Dadeland

      Retail space with high traffic and easy highway access.
      7702-7770 N Kendall Dr, Miami, FL 33156
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9608 77Th Ave
    Kendall, FL 33156
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9608 77Th Ave, Kendall, FL, 33156
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!