8290 SW 40th St, Miami, FL 33155 — MLS photo

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8290 SW 40th St, Miami, FL 33155

Active · BusinessOpportunity

$85,000

8290 SW 40th St, Miami, FL 33155

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
2008
Lot size
—
HOA fee
—
Annual tax
$0

About this property

BEAUTY SALON FOR SALE – PRIME MIAMI LOCATION. Located in the heart of a busy, high-traffic area, this beauty salon is surrounded by everything you need for a convenient and accessible business location. The business includes salon assets, equipment, and inventory, excluding nail polish and other inventory belonging to independent station tenants. Monthly Rent: $5,292. Included Salon assets, equipment, and business inventory, subject to the exclusions listed above. This is an opportunity for someone looking to acquire an established salon space with equipment and assets already in place. Location: generating revenue.

Property location

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8290 SW 40th St, Miami, FL 33155

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Facts & features

Interior

Bathrooms
0
Flooring
Ceramic Tile, Tile
Cooling
Central Air
Heating
Central, Electric

Exterior & Structure

Property type
BusinessOpportunity
Year built
2008
Roof
Other
Construction
Other

Parking

Covered spaces
0
Parking features
Common, Free Parking

HOA, Community & Financials

Security
Smoke Detectors
Annual tax
$0
County
Miami-Dade
Days on market
182
MLS listing ID
A12005111
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

-$82

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.1%
Gross yield
6.6%
Mortgage payment
$403/mo
Down payment
$21,250
Loan amount
$63,750
Annual NOI
$3,854

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