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OFF-MARKET
Investment properties

20335 Biscayne Blvd Aventura, FL 33180

327,371 SF Built 1988
Property ID
Property summary
AI-generated overview

This exceptional business opportunity presents a thriving spa located at 20335 Biscayne Blvd, Aventura, FL. Boasting 327,371 square feet of space, this well-established spa has demonstrated consistent financial success over its 2.5-year operational history, generating $1.6 million in gross revenue in 2023 alone. The sale includes all existing equipment within the 5 treatment rooms, an office, and 2 bathrooms. There's even space designated for a future coffee bar, offering potential for expansion and added revenue streams. The current lease has a 3-year option remaining, with the landlord potentially open to negotiating an extended lease term for a suitable buyer. The spa offers a range of non-invasive procedures catering to a diverse clientele of both men and women, cultivating a loyal customer base. This turnkey operation presents a unique opportunity for an entrepreneur to acquire a profitable, established business with significant growth potential. The existing infrastructure and strong financial performance provide a solid foundation for continued success, allowing for expansion of services, enhanced branding, or the development of complementary offerings. This is a rare chance to own a successful spa in a prime Aventura location.

Property profile
Verified
Property type Investment properties
Year built 1988
Total area 327,371 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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