2597 SW 37th Ave , Miami, FL 33133
- $2,350,000
Overview
- Retail, Commercial Sale
- 2740 Sqft
- 1950
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
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Address: 2597 SW 37th Ave
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City: Miami
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State/county: FL
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Zip/Postal Code: 33133
Details
Updated on April 15, 2026 at 2:01 am-
Property ID MSA12001190
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Price $2,350,000
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Property Size 2740 Sqft
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Land Area 0.15 Acres
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Garage Size x x
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Year Built 1950
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Property Type Retail, Commercial Sale
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Property Status Active
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MLS# A12001190
Additional details
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Listing Terms Cash,Conventional,1031 Exchange
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Roof Built-Up
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Sewer Public Sewer
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Cooling Central Air
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Heating None
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Flooring Laminate
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County Miami-Dade
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Property Type Commercial Sale
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Parking Assigned
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Architectural Style Detached
Features
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