Property profile

3401 1St Ave Miami, FL 33137

OFF-MARKET
Retail properties & Spaces
Built 2018
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Property summary

AI-generated overview

This exceptional opportunity presents a thriving, well-established luxury hair salon in Miami's upscale Midtown area (3401 NE 1st Ave, Miami, FL 33137). Built in 2018, this turnkey business boasts a chic and modern ambiance, attracting a loyal clientele and generating strong financials. The salon's success is built on a reputation for exceptional service and a professional staff. Currently operating under an optional licensed brand, the salon offers flexibility for new owners to rebrand or maintain the existing identity. The property is categorized as commercial storefront land, making it an attractive investment for experienced stylists or entrepreneurs seeking a profitable, established business. The asking price is $440,000. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable Miami location. The property's prime location and strong financial performance make it an ideal investment for those seeking a high return on investment. The absentee ownership model offers flexibility and potential for further expansion. This is a truly exceptional opportunity in the vibrant Miami market.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018

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
  • Parking Lot & Garage
  • Condominium Complex
  • Art Gallery
  • Renovation Specialist General Contractor

Location

3401 1St Ave Miami, FL 33137
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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