Current Use by Public Records
- Aniet Beauty Salón & Spa / Hair Salon / Nail Salon
Property Details for 7383 8Th St
- Year built
- 1953
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3153
- Latitude
- 25.7629
