Commercial Real Estate

CommercialSaleRetailFLMiami2597, 37th Ave, Miami, FL, 33133

2597 SW 37th Ave

2597, 37th Ave, Miami, FL, 33133
    $2,350,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Floors: 1
    • Lot size: 6325, 6325 sq ft
    • Year built: 1950
    • County: Miami-Dade
    • MLS ID: A12001190

    Description

    • Description:

      SILVER BLUFF HOMESITES PB 8-101 LOTS 33 & 34 LESS W10FT FOR R/W BLK 12 LOT SIZE 6325 SQ FT RARE COMBINED RE + BUSINESS — CORAL WAY CORNER LOT W/ 4COP LICENSE & T6-8-O ZONING. Turnkey investment: fee-simple ownership of 2,740 SF freestanding retail building on 0.15 AC corner lot PLUS fully operational Royal Liquors — 16+ yr established liquor store with quota-restricted 4COP full liquor license ($200K-$250K standalone value). T6-8-O ZONING ALLOWS UP TO 8 STORIES — massive redevelopment potential for mixed-use on this corner site. 160 LF dual frontage (106' on 26th St + 54' on 37th Ave), 8 parking spaces, 90/100 walk score. Asking $771/SF — 13.3% BELOW Coral Way submarket median of $889/SF. Annual revenue ~$1M+ (POS), adjusted SDE $120K-$220K, cap rate 5.14%-9.36% vs 5.4% submarket avg. Includes 2 living units (3/2) providing additional income potential. Sale includes: real estate, business operations, 4COP license, all FF&E, walk-in coolers, commercial freezers, POS system, signage. Inventory ~$352K at cost negotiated separately. Currently absentee-run — significant upside for active owner-operator. Zero new retail construction in submarket pipeline. Previous sale $1.1M (2021) — 113.6% appreciation. 15 min walk to Douglas Road Metrorail. Full buyer's packet with financials, SDE reconstruction, cap rate analysis & 13 comps available with executed NDA. Contact Daniel Hidalgo-Sandoval 786.600.5069 | daniel@fortmark.net

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    Location

    • Lot Size Acres: 0.15 acres

    Building Details

    • Structure Type: Retail
    • Water Source: Public
    • Architectural Style: Detached
    • Sewer: PublicSewer
    • Construction Materials: Brick,Block
    • Covered Spaces: 0
    • Levels: One
    • Number Of Buildings: 1
    • Floor covering:

    Amenities & Features

    • Parking Features: Assigned
    • Security Features: SecuritySystem,Fenced,Other,SmokeDetectors
    • Parking Total: 8
    • Roof: BuiltUp
    • Cooling: CentralAir
    • Electric: Volts110,Amps100,Volts220
    • Exterior Features: StormSecurityShutters
    • Heating: None

    Expenses, Fees & Taxes

    • Tax Annual Amount: $15,694
    • Tax Year: 2025

    Miscellaneous

    • List Office Name: FortMark, LLC
    • Listing Terms: Cash,Conventional,Exchange1031
    • Attribution Contact: 786-600-5069

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    This -type commercial real estate is located in 2597, 37th Ave, Miami, FL, 33133 was built in 1950, and is listed at $2,350,000.

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