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Home > Commercial > Retail Space > A12001190



Retail Space
$1,850,000
$2,350,000
21%
2597 SW 37th Ave Miami, FL

A12001190

71 of 146 for Sale
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an agent
  • Listed On:

    Apr 14, 2026
  • Days on Market:

    22
  • Year:

    1950
  • Taxes:

    $15,694 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

    Assigned

2597 SW 37th Ave Miami, FL RARE COMBINED RE + BUSINESS — CORAL WAY CORNER LOT W/ 4COP LICENSE & T6-8-O ZONING. Turnkey investment: fee-simple ownership of 2,740 SF freestanding retail building on 0.15 AC corner lot PLUS fully operational Royal Liquors — 16+ yr established liquor store with quota-restricted 4COP full liquor license ($200K-$250K standalone value). T6-8-O ZONING ALLOWS UP TO 8 STORIES — massive redevelopment potential for mixed-use on this corner site. 160 LF dual frontage (106` on 26th St + 54` on 37th Ave), 8 parking spaces, 90/100 walk score. Asking $771/SF — 13.3% BELOW Coral Way submarket median of $889/SF. Annual revenue ~$1M+ (POS), adjusted SDE $120K-$220K, cap rate 5.14%-9.36% vs 5.4% submarket avg. Includes 2 living units (3/2) providing additional income potential. Sale includes: real estate, business operations, 4COP license, all FF&E, walk-in coolers, commercial freezers, POS system, signage. Inventory ~$352K at cost negotiated separately. Currently absentee-run — significant upside for active owner-operator. Zero new retail construction in submarket pipeline. Previous sale $1.1M (2021) — 113.6% appreciation. 15 min walk to Douglas Road Metrorail. Full buyer`s packet with financials, SDE reconstruction, cap rate analysis & 13 comps available with executed NDA. Contact Daniel Hidalgo-Sandoval 786.600.5069 | daniel@fortmark.net

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For Sale Details

  • Heating Description

    None

  • Ownership

    Self Proprietor/Individual

  • Parking Description

    Assigned

  • Photo Count

    20

  • Property Type

    Commercial Sale

  • SqFt Total

    6325

  • Terms Considered

    All Cash, Conventional/Refinance, Exchange

  • Year Built

    1950

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