Basics
- Category: CommercialSale
- Type: Retail
- Status: Active
- Bathrooms: 0
- Floors: 1
- Lot size: 6325, 6325 sq ft
- Year built: 1950
- County: Miami-Dade
- MLS ID: A12001190
Description
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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: Laminate
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
Ask our real estate expert about this property
This Retail-type commercial real estate is located in 2597, 37th Ave, Miami, FL, 33133 was built in 1950, and is listed at $2,350,000.