0000 Bay Rd, Miami Beach, FL 33139 — MLS photo

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0000 Bay Rd, Miami Beach, FL 33139

Active · BusinessOpportunity

$1,100,000

0000 Bay Rd, Miami Beach, FL 33139

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

REMARKABLE LUXURY CAR DETAILING BUSINESS -- -ESTABLISHED SUCCESSFULLY FOR 26 YEARS-- 9 YEARS LEFT ON LEASE WITH RENEWAL OPTION-- ANNUAL GROSS INCOME $600-700K's - -LEASE 180k ANNUAL -- INSURANCE 3K ANNUAL---UTILITIES 16K ANNUAL -- CCLEANING PRODS 18K ANNUAL--- OWNER SELLING BUSINESS/CORP (grandfathered business) --- TURNKEY SUCCESFUL OPERTAION, MONEY COW -- PLEASE DO NOT SHOW UP NOR TALK TO EMPLOYEES --- SERIOUS BUYERS -- CASH DEAL--FINANCIALS AND NDA REQUIRED.

Property location

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0000 Bay Rd, Miami Beach, FL 33139

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11985134
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

-$2,153

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$36,740

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