30318 Old Dixie Hwy, Homestead, FL 33033 — MLS photo

Get More Info About This Property

30318 Old Dixie Hwy, Homestead, FL 33033

Active · BusinessOpportunity

$400,000

30318 Old Dixie Hwy, Homestead, FL 33033

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1985
Lot size
—
HOA fee
—
Annual tax
—

About this property

Turnkey opportunity to acquire Milano Smoke Shop, a well-established business located in a high-traffic commercial corridor in Homestead, FL with strong local and commuter exposure. Fully operational and ready for a new owner to step in and generate immediate income. Business features a fully built-out retail space, established customer base, and a wide variety of high-margin inventory including vape products, hookahs, tobacco items, glass pieces, smoking accessories, CBD products, and more. Low overhead compared to many retail and food businesses, with simple day-to-day operations and minimal staffing requirements. Excellent upside potential by expanding product lines, adding convenience items, and extending operating hours. Ideal for owner-operators, investors seeking a cash-flowing business, or existing operators looking to expand. Business Only – Real Estate Not Included.

Property location

Get Directions

30318 Old Dixie Hwy, Homestead, FL 33033

Loading property location…

Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity
Year built
1985

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11991969
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

-$783

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$1,896/mo
Down payment
$100,000
Loan amount
$300,000
Annual NOI
$13,360

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