10328 W flagler st, Miami, FL 33174 — MLS photo

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10328 W flagler st, Miami, FL 33174

Active · BusinessOpportunity

$75,000

10328 W flagler st, Miami, FL 33174

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

Seller is willing to provide financing with a required down payment and financing of the remaining balalnce under a mutually agreed terms. High-end spa for sale on Flagler Street, recently renovated and fully equipped with state-of-the-art aesthetic technology. It features 6 private treatment rooms, 2 of which are currently rented, generating additional income with the option to continue under new ownership. Includes reception area, kitchen, bathroom, locker area, and modern furnishings. Profitable business, fully operational, with all city and county licenses and permits in place. Strategically located in a high-traffic shopping center with front and rear parking. Ideal for investors or professionals in the wellness industry. Lease agreement was renewed for 5 years, starting April 1, 2024 and ending March 31, 2029.

Property location

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10328 W flagler st, Miami, FL 33174

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Facts & features

Interior

Bathrooms
0
Flooring
Ceramic Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
BusinessOpportunity
Construction
Block

Parking

Covered spaces
0
Parking features
Common, Free Parking

HOA, Community & Financials

Security
Other
County
Miami-Dade
Days on market
406
MLS listing ID
A11841662
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

-$203

Cap rate
2.4%
Net yield
2.4%
Cash-on-cash return
-11.6%
Gross yield
6.6%
Mortgage payment
$356/mo
Down payment
$18,750
Loan amount
$56,250
Annual NOI
$1,835

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