2597 SW 37th Ave Miami, FL $ 2,350,000
2597 SW 37th Ave
$ 2,350,000
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2597 SW 37th Ave

Miami, FL, 33133
$ 2,350,000
Bedrooms-- Baths-- Sq 2,740

Monthly Estimate*

$ 14,469

2597 SW 37th Ave, Miami, FL 33133 - Image 1
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Commercial Property for sale in Miami, FL

for $2,350,000. This 2,740 square foot building was built in 1950.

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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Commercial Active

Price

$ 2,350,000

Property Type

Commercial

Taxes

$ 15,694

Style

Year Built

1950

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12001207

Features
General
Sewer Public Sewer
Heating None
Cooling Central Air
Roof Other
Security Features Security System Fenced Other Smoke Detector(s) Window Bars
Construction Materials Block Stucco
Year Built 1950
Electric 110 Volts 100 Amp Service 220 Volts
Tax Year 2025
Ownership Self Proprietor/Individual
Business Type Bar/Tavern/Lounge Convenience Store Liquor Store Retail
Building Name House of Liquor 3
Business Name Royal Liquors
County Miami-Dade
Insurance Expense 0
Property Type Business Opportunity
Status Active
City Miami
Zoning Description 6100
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional 1031 Exchange
Tax Annual Amount 15694
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001207
Standard Status Active
Expected Active Date 2026-04-14
Legal Description SILVER BLUFF HOMESITES PB 8-101 LOTS 33 & 34 LESS W10FT FOR R/W BLK 12 LOT SIZE 6325 SQ FT OR 21947-1363 1003 5
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Parking Features Assigned
Water Source Public
Building Area Total 2740
Lot Dimensions 160
Covered Spaces 0
Road Frontage Type City Street Main Thoroughfare
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* Excluded Features
List By
Fortmark, Llc

Broker

786-600-5069

Contact

Affordability Calculator

$15,777
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,469
Monthly Property Taxes
$1,308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$2,350,000 Listed Price

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2597 SW 37th Ave, Miami, FL, 33133 is a Commercial Property for sale at $2,350,000 with 2,740 sqft. 2597 SW 37th Ave was built in 1950. The property's zip code is 33133 which is in Miami, FL