For Sale
1 / 4
Property summary
RE/MAX 360 proudly presents a prime business opportunity with Real Estate included in the Miami Shores area: "MIAMI SHORES SALON SUITES". This offering presents a highly lucrative cash flow opportunity along with the option to purchase the real estate. The property is a two-story office building located adjacent to I-95, which sees approximately 240,000 cars daily. It is currently divided into thirty-three individual salons, each ranging from 90 to just under 200 square feet. The second floor is fully stabilized, while the first floor is in the lease-up stage. Once fully stabilized, this property is projected to generate $500,000 in gross income annually. Additionally, the site is prime for redevelopment, with the potential to expand up to four stories. Parcel ID: 30-2136-018-2560 11,133 (2) story office building Newly remodeled in 2024 $500,000.00 in rent when fully stabilized Redevelopment Potential West Miami Shores subdivision 681 Northwest 108th Street, Miami, FL 33168 Beauty Salons, Barber Shops 11,133 (2) story office building Newly remodeled in 2024 $500,000.00 in rent when fully stabilized Redevelopment Potential West Miami Shores subdivision Each office independently owned and operated. RE/MAX, LLC is an Equal Opportunity Employer and supports the Fair Housing Act and equal opportunity housing. If you have a disability that is preventing you from experiencing this website, call By using this site, you consent to the collection, recording, and use of some personal information by REMAX and/or its third-party providers for site operation, analytics, and third-party advertising. © 2024 RE/MAX, LLC. All Rights Reserved. 11,133 (2) story office building Newly remodeled in 2024 $500,000.00 in rent when fully stabilized Redevelopment Potential Abutting I-95 West Miami Shores subdivision
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Miami market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.