Property Description

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

Features
Heating System
Cooling System
Security
Parking Features
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33133
Street:
2597 Sw 37th Ave, Miami, Florida 33133
Longitude:
W81° 44' 45.6''
Latitude:
N25° 44' 35.4''
MLS Addon
Building Area:
2,740 Sqft
Building Name:
House of Liquor 3
Business Type
Construction Materials:
Block, Stucco
Cumulative DOM:
1
DOM:
2
Electric
Flooring:
Laminate
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,1031 Exchange
LotSize Dimensions:
160
Parcel Number:
01-41-16-015-3510
Tax Annual Amount:
$15,694
Tax Year:
2025
Virtual Tour:
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Business Opportunity For Sale

2597 Sw 37th Ave, Miami, Florida 33133, Miami, Florida 33133

$2,350,000
MLS # #A12001207
Basic Details
Property Type :
Business Opportunity
Listing Type :
For Sale
Price :
$2,350,000
Year Built :
1950
MLS # :
A12001207
Agent info
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