681 NW 108th St - Retail FOR SALE


Miami, FL 33168- Pinewood
$3,150,000 USD
786-522-7056
681 NW 108th St, Miami, FL for Sale
$3,150,000 USD
Retail - FOR SALE
1/9
null | 7.11% Cap Rate

681 NW 108th St
Miami, FL 33168
Pinewood


HIGHLIGHTS

  • Newly renovated in 2024 with no deferred maintenance or capital improvements, offering ease of ownership
  • Fully furnished salon suites equipped with styling chairs, mirrors, sinks, on-site laundry facilities
  • Direct visibility from Interstate 95 and adjacent to NW 7th Avenue ensuring exceptional exposure
  • Designed to meet the demand for private, boutique spaces; beauty, barber, and wellness professionals
  • Potential Billboard Income

OVERVIEW

Marcus & Millichap is pleased to present Adam & Eve Salon Suites, a newly renovated, turnkey investment opportunity located at 681 NW 108th Street in Miami, Florida. This two-story, 7,912-square-foot property was fully renovated in 2024 and is configured into 31 furnished salon suites. Designed to meet the growing demand for private, boutique-style spaces among beauty, barber, and wellness professionals, the suites are equipped with modern styling chairs, mirrors, sinks, and secure storage. Tenants also enjoy on-site laundry facilities, complimentary WiFi, and 24/7 security surveillance, making it an ideal setup for independent operators. Property also offers potential billboard and signage income. Offered with no deferred maintenance and no required capital improvements, Adam & Eve Salon Suites delivers immediate ease of ownership. More importantly, the property offers substantial income growth through lease-up. Investors have the opportunity to realize significant upside through stabilization while benefiting from the property's turnkey setup and modern infrastructure. This is a compelling opportunity for investors seeking durable cash flow, operational simplicity, and a value-add component in one of South Florida’s most dynamic submarkets. Strategically located with direct visibility from Interstate 95 and adjacent to NW 7th Avenue (US-441), the property benefits from exceptional exposure and accessibility. This highly trafficked corridor offers direct access to major urban thoroughfares and is surrounded by a dense residential population, further supporting consistent tenant demand. With ample on-site parking and flexible mixed-use zoning (UC-MC), the site offers both functionality and long-term adaptability in a supply-constrained market.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

7.11%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

UC-MC

APN/PARCEL ID

30-2136-018-2560

ASK ABOUT THIS PROPERTY

Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

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Alex ZylberglaitMarcus & MillichapMore Info
786-522-7056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.