11400 Flagler StSweetwater, FL 33174

Property Details for 11400 Flagler St

Year built

1982

Construction

CONCRETE

Lot size

1.12 AC

Property size (Sq ft)

26,112 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Retail properties

Property subtype

Outlet malls

APN

25-4006-001-0671

APU

2540060010671

Description

This thriving beauty salon presents a fantastic business opportunity in a prime Sweetwater, FL location. Situated within a recently renovated premium shopping center, this established salon boasts a high volume of foot traffic and ample parking. The spacious salon features three hairstylist stations, three additional blow-dry stations, two manicure stations, two spa pedicure chairs with massage functionality, and two shampoo bowls. A dedicated private room is available for specialized treatments such as facials, waxing, and other spa services. A convenient kitchen area includes a refrigerator. The monthly rent is $2,344. This turnkey operation is ideally suited for an experienced salon owner or entrepreneur seeking a profitable venture. The property's location in a high-traffic area of Miami offers significant potential for growth and expansion. The business may qualify for an E2 or L1 investor visa. A non-disclosure agreement and proof of funds are required prior to viewing the property. This is a rare opportunity to acquire a well-established and profitable business in a desirable location. Don't miss out!

• CAP approach

  CAP return

  Valuation

  6%

  $10,882,997

  6.5%

  $10,045,844

  7%

  $9,328,283

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,280,748

  Geo Method

  $9,280,748

• Alternative Use

  Use

  Valuation

  Residential

  $8,474,045

  Hospitality

  $7,762,180

  Educational

  $6,458,042

  Medical

  $6,680,144

  Retail

  $10,045,844

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.768

Longitude

-80.3816

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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