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$2,350,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 2597 SW 37th Ave
General
- Price: $2,350,000
- Taxes: $15,694 (2025)
- Status: Active
- Type: Retail
- Source: Greater_Miami
- MLS ID: A12001190
- Updated: 4/14/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail Space
Additional Information
- Security/Safety: Smoke Alarm, Smoke Detector(s), Security Fence, Security System
Parking
- Total Spaces: 8
- Parking Features: Assigned
Location
- County: Miami-Dade County
- Dist. to Freeway: 2
Community
- Units Assoc/Comm: 1
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: None
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block With Brick, CBS Construction
- Roof: Built-Up
- Windows: Complete Accordian Shutters, Complete Other Protection
- Stories/Levels: 1
- Building Size: 2740
- Current Bldg. Use: Retail
- Year Built: 1950
- Other Struct. Feat.: County Licenses, Pedestrian Traffic
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,325
- Frontage Feet: 160
- Lot Features: City Location, Corner Lot
- Zoning: T6-8-O
Financial Considerations
- Tax Amount: $15,694
- Tax Year: 2025
- Terms: All Cash, Conventional/Refinance, Exchange
Disclosures and Reports
- Ownership: Self Proprietor/Individual
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Books & Records, Financial Statement, Inventory, Photos, Existing Survey, Tax Return
- Legal Description: SILVER BLUFF HOMESITES PB 8-101 LOTS 33 & 34 LESS W10FT FOR R/W BLK 12 LOT SIZE 6325 SQ FT
- Inclusions: Building & Land, Business, Fixtures, Equipment, Furniture/Fixtures, Inventory
- Property ID: 01-41-16-015-3510
Listed by FortMark, LLC
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Schools
Schools serving 2597 SW 37th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frances S. Tucker Elementary School 3500 Douglas Road, Miami, FL 33133 | PK-5 | 1.2 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 2.1 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2597 SW 37th Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$2,350,000
113.64%
MLS
6/15/2021
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2597 SW 37th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,259
—
$713,372
—
2024
$14,293
3%
$713,446
5%
2023
$13,933
13%
$677,791
17%
2021
$12,342
-12%
$580,879
-14%
2022
$13,948
13%
$676,568
16%
2021
$12,342
—
$580,954
—
2019
$12,351
2%
$578,589
—
2018
$12,120
-1%
$578,663
—
2017
$12,280
-3%
$579,671
—
2016
$12,618
-1%
$578,149
1%
2015
$12,761
-1%
$573,934
1%
2014
$12,937
—
$570,459
—
2013
$12,941
—
$571,305
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2597 SW 37th Ave
2597 SW 37th Ave, Miami, FL 33133 (MLS# A12001190) is a Retail property. 2597 SW 37th Ave is currently listed for $2,350,000 and was received on April 14, 2026. Want to learn more about 2597 SW 37th Ave? Do you have questions about finding other Retail real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

