2597 SW 37th Ave , Miami, FL 33133
  • $2,350,000

Overview

Property ID: MSA12001190
  • Retail, Commercial Sale
  • Property Type
  • 2740 Sqft
  • Area Size
  • 1950
  • Year Built

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

  • Address: 2597 SW 37th Ave
  • City: Miami
  • State/county: FL
  • Zip/Postal Code: 33133

Details

Updated on April 15, 2026 at 2:01 am
  • Property ID MSA12001190
  • Price $2,350,000
  • Property Size 2740 Sqft
  • Land Area 0.15 Acres
  • Garage Size x x
  • Year Built 1950
  • Property Type Retail, Commercial Sale
  • Property Status Active
  • MLS# A12001190

Additional details

  • Listing Terms Cash,Conventional,1031 Exchange
  • Roof Built-Up
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating None
  • Flooring Laminate
  • County Miami-Dade
  • Property Type Commercial Sale
  • Parking Assigned
  • Architectural Style Detached

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Montesol Realty Inc

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