For Sale
$500,000

Collins Ave Miami Beach, FL 33180

Thriving Beauty Salon, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,500 square foot beauty salon and spa is ideally situated in the heart of Sunny Isles Beach, Florida, within a vibrant area featuring modern residential buildings and a high volume of foot traffic from a nearby shopping center. The property boasts a prime Collins Avenue address in Miami-Dade County (zip code 33180) and includes a private terrace and assigned parking spaces. The business benefits from a substantial existing customer database and utilizes free-of-charge credit card processing terminals. The interior features six fully renovated procedure rooms with built-in furniture, eleven hair stations, nine manicure stations, six pedicure chairs, and three head wash stations. The property's HVAC system was recently upgraded in May 2021 with the installation of a 12-ton AC unit. Offered at $500,000, this turnkey operation generates a strong net operating income (NOI) of $259,981, representing a significant investment opportunity. The property is offered with 100% ownership and operates under a modified lease agreement. This is a rare chance to acquire a well-established and profitable business in a prime location.

Highlights

  • 3,500 SF turnkey beauty salon and spa in Sunny Isles Beach, FL.
  • Prime Collins Avenue location in Miami-Dade County (33180), high foot traffic.
  • Features six procedure rooms, eleven hair stations, nine manicure stations, six pedicure chairs, and three head wash stations.
  • Includes private terrace and assigned parking.
  • Strong NOI of $259,981; offered at $500,000.
  • Recently upgraded HVAC system (May 2021).

Property Details for 0 Collins Ave

Property type
Specialty properties
Square Feet
3,500 SF

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.820629
Longitude
-80.1227785

FAQs

What type of property is this?
Specialty property - Thriving Beauty Salon, High NOI
Where is the specialty property located?
The property is located at Collins Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,500 SF turnkey beauty salon and spa in Sunny Isles Beach, FL.; Prime Collins Avenue location in Miami-Dade County (33180), high foot traffic.; Features six procedure rooms, eleven hair stations, nine manicure stations, six pedicure chairs, and three head wash stations.
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0 Collins Ave
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