For Sale
$345,000

731 5Th St Miami Beach, FL 33139

Established Salon, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional South Beach storefront at 731 5th Street, Miami Beach, FL 33139 presents a unique investment opportunity. Priced at $345,000, this turnkey retail space, previously operating as a thriving salon, boasts a long-term lease with seven years remaining. The property underwent a complete refurbishment in 2021, with over $300,000 invested in fixtures, furniture, and equipment (FF&E). The modern and tastefully remodeled space includes 13 hair styling chairs, 12 regular stations, and a dedicated waxing room. Updated flooring, modernized styling stations, pedicure stations, chairs, and sinks are all included. This high-visibility location on one of South Beach's busiest streets benefits from significant foot and car traffic, ensuring high potential for continued success. The property's "plug and play" nature makes it ideal for immediate occupancy and operation, minimizing start-up costs and maximizing return on investment. The property is categorized as a storefront, salon/barbershop, and business. Its prime location in Miami-Dade County offers excellent access to the vibrant South Beach community. This is a rare chance to acquire a well-established, profitable business in a highly desirable location.

Property Details for 731 5Th St

Property type
Retail properties, Retail space

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7747271
Longitude
-80.1356134

FAQs

What type of property is this?
Retail property - Established Salon, Turnkey Opportunity
Where is the retail property located?
The property is located at 731 5Th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $345,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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731 5Th St
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