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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

7383 8Th St Miami, FL 33144

Built 1953
Property ID
Property summary
AI-generated overview

This exceptional Miami property at 7383 SW 8th St, Miami, FL 33144, presents a unique investment opportunity. Priced at $130,000, this 1953-built storefront offers a blend of retail and office space, ideal for a variety of uses. Currently operating as a thriving beauty salon and spa, the sale includes the established business, its loyal clientele, and all existing equipment. The salon boasts a modern interior, three hair stations, two nail stations, and three pedicure chairs. Three additional suites are rented out, generating supplemental income at $150 per week each. The business operates Tuesday through Sunday, from 10:30 am to 7:00 pm, and enjoys a high-traffic location. Monthly rent is $2,500 plus sales tax. Utilities are low, averaging $70 every three months for water and $220 monthly for electricity. The property is conveniently located in Miami-Dade County, but note that parking is unassigned and operates on a first-come, first-served basis. Ten years of successful operation in this location demonstrate the property's strong potential for continued success. This turnkey operation offers immediate income generation and significant upside potential for a savvy investor.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1953
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
Current use
Occupant on record · Public records
  • Aniet Beauty Salón & Spa Hair Salon Nail Salon
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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