1913 Ponce De Leon Blvd, Coral Gables, FL 33134 — MLS photo

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1913 Ponce De Leon Blvd, Coral Gables, FL 33134

Active · BusinessOpportunity

$190,000

1913 Ponce De Leon Blvd, Coral Gables, FL 33134

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1945
Lot size
—
HOA fee
—
Annual tax
—

About this property

Step into a world of elegance and profitability with this exceptionally designed luxury beauty salon, now available for sale. Located in a prime, high-visibility area in the ''City Beautiful'' with heavy foot traffic and a loyal, high-end clientele, this turnkey business is perfect for investors or beauty professionals looking to own a premier establishment. Features 7 hair stations, 2 shampoo bowls, 2 nail stations, 1 spa pedicure, 1 full bathroom with shower, 1 half bathroom, front desk, waiting area, 2 A/C units, second floor with 2 rooms, low rent in the area, a huge inventory included in the sale. Currently with 7 employees, sale is confidential and prospective buyer must sign an NDA prior showings. May qualify for E2 business visa, seller is willing to transfer the name and company.

Property location

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1913 Ponce De Leon Blvd, Coral Gables, FL 33134

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity
Year built
1945

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11815078
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$372

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$6,346

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.