308 ne 8th st, Homestead, FL 33030 — MLS photo

Get More Info About This Property

308 ne 8th st, Homestead, FL 33030

Active · BusinessOpportunity

$350,000

308 ne 8th st, Homestead, FL 33030

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

About this property

Excellent opportunity to acquire Milano Smoke Shop, a well-established smoke shop located at 30318 Old Dixie Hwy, Homestead, FL, in a high-traffic commercial corridor with strong local and commuter exposure. This turnkey business is fully operational and ready for a new owner to step in and generate immediate income.   Business Highlights • Prime Homestead location with steady traffic • Fully built-out retail space • Established customer base • Wide variety of inventory and accessories • Turnkey operation — start generating income immediately • Strong growth potential with expanded product offerings • Low overhead compared to restaurants and other businesses Inventory & Products Milano Smoke Shop offers a wide range of high-margin products, including: • Vape products • Hookahs & accessories • Cigarettes & tobacco products • Glass pieces & accessories • Rolling papers & smoking accessories • CBD and related items • Snacks & convenience items (potential expansion)

Property location

Get Directions

308 ne 8th st, Homestead, FL 33030

Loading property location…

Facts & features

Interior

Bathrooms
0
Cooling
Central Air

Exterior & Structure

Property type
BusinessOpportunity

Parking

Covered spaces
0

HOA, Community & Financials

County
Miami-Dade
Days on market
1
MLS listing ID
A11992081
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

-$685

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$1,659/mo
Down payment
$87,500
Loan amount
$262,500
Annual NOI
$11,690

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