Property profile

3405 1St Ave Miami, FL 33137

OFF-MARKET
Retail properties & Spaces
Built 2018
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Property summary

AI-generated overview

This exceptional 2018-built storefront, located at 3405 NE 1st Ave #G in Miami, Florida (33137), presents a lucrative investment opportunity. Priced at $480,000, this established retail space currently operates as a high-end beauty salon and barbershop. The property boasts a modern and stylish interior, designed to create a welcoming and relaxing atmosphere for clients. The salon's well-appointed space includes multiple hair styling stations and high-quality fixtures and fittings. Its prime location in a bustling Miami-Dade County area ensures excellent visibility and accessibility, contributing to a strong and loyal client base. The business is renowned for its exceptional service offerings, including hair styling, coloring, and cutting. This turnkey operation is ideal for an owner-operator seeking to continue the success of an established business or for an investor looking to enter the thriving beauty industry in a high-demand market. The property's strong performance and desirable location make it a compelling investment prospect with significant potential for future growth. This is a rare opportunity to acquire a profitable, established business in a prime Miami location. The property is easily accessible and benefits from high foot traffic, ensuring continued success for the new owner.

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
  • Hair Salon Nail Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon
  • Hair Salon

Location

3405 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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