14097 88th St Miami, FL 33186-4043
- Outlet malls
- 1,968 SF
- 0.43 lot acres
Current Use by Public Records
- 88 Cycling / (Bike/Boat/Book/etc) Store
Property Details for 14097 88th St
- Year built
- 1978
- Lot size
- 0.43 lot acres
- Property size
- 1,968 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 30-4934-021-0062
- APU
- 3049340210062
Description
This thriving Miami retail business, located at 14097 SW 88th St in the Kendall area, is offered at $735,000. The 1,980 square foot single-story building boasts a prime location within a high-concentration cycling community, second only to Key Biscayne. Currently operating under a 3-year lease (renewable) expiring July 1, 2026, with two years remaining, this established business offers sales, service, parts, and trade-in services. It enjoys exclusive contracts with high-end brands like Giant, Colnago, Orbea, Scott, and BMC. The business benefits from a strong reputation built on excellent service, high-quality products, and experienced employees with decades of industry expertise. This presents a unique opportunity for investors seeking a profitable venture in a rapidly growing market, potentially attractive for various investor visa options. The property's air rights also encompass the entire 1,980 square feet. This turnkey operation is ready for a new owner to continue its success.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $790,000
- 6.5%
- $730,000
- 7%
- $675,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,125,000 Current use
- AUTO REPAIR, GARAGE
- $1,285,000 Change: +14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.4222
- Latitude
- 25.686
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA