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For Sale

"ADAM & EVE SALON SUITES"

681 Northwest 108th Street,
Miami, FL 33168

Asset Snapshot

0
Year Built
2
Floor Count
1
Building Count
100%
Occupancy

Offering Summary

Investment Overview

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.


Area Overview

SITE DETAIL

  • Land Size: 0.77 Acre

  • Zoning: UC-MC

  • Parcel ID: 30-2136-018-2560


Highlights

PROPERTY HIGHLIGHTS

  • 11,133 (2) story office building

  • Newly remodeled in 2024

  • $500,000.00 in rent when fully stabilized

  • Redevelopment Potential

LOCATION HIGHLIGHTS

  • Abutting I-95

  • West Miami Shores subdivision


How it Works

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Listing Syndicated From

RealNex
For Sale
$4,850,000
Asking Price