Property 2597 SW 37th Ave Miami for sale with MLS# A12001207

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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2597 SW 37th Ave, Miami, FL 33133

Price
Price:
$2,350,000.00
Original List Price:
$2,350,000.00
Business Info
Business Name:
Royal Liquors
Financial Data Source:
Owner, Accountant
Year Established:
2009
Years Current Owner:
5
Number Of Full Time Employees:
3
Special Licenses:
City, Liquor, County
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Bar/tavern/lounge, Retail, Convenience Store, Liquor Store
Listing Category:
Business Opportunity
MLS Number:
A12001207
Description of Last Important Update:
New Listing
Last Major Update on:
April 14, 2026 7:41 pm
Measures
Built-Up Area:
2,740 Sqft
Lot Size Dimensions and Info:
160
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Security:
Smoke Detector(s), Security System, Other, Fenced, Window Bars, Window Bars
Air Conditioning
Air Conditioning System:
Central Air
Storm Protection:
Other
Construction
Year Built:
1950
Roof:
Other
Construction Materials:
Block, Stucco
Flooring:
Laminate
Road Frontage Type:
City Street, Main Thoroughfare
Taxes and Expenses
Tax Annual Amount:
$15,694.00
Tax Year:
2025
Parking
Covered Spaces:
0
Parking Features:
Assigned
Utilities
Sewer:
Public Sewer
Electric:
100 Amp Service, 220 Volts, 110 Volts
Water Source:
Public
Community
Building Name:
House of Liquor 3
Senior Community:
No
Terms
Documents Available:
Aerial, Deed, Financials, Inventory, Tax Information
Listing Terms Considered by Seller:
Cash, Conventional, 1031 Exchange
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
01-41-16-015-3510
Zoning Description:
6100
Title to the property is held by owner as:
Self Proprietor/individual
Listing History
Originally published on:
April 14, 2026 7:41 pm
Active on the market since:
April 14, 2026
Listing Activated On:
April 14, 2026
Price change occurred on:
April 14, 2026 7:41 pm
Listing Status Last Changed On:
April 14, 2026 7:41 pm
Photos updated on:
April 15, 2026 12:10 am
Last Modified:
April 15, 2026 5:01 am
Additional Information
Property Description:
Licensed Liquor Store w/ Real
Flood Zone:
X
Municipal Code:
41
Florida Property Assessed Clean Energy (PACE) Program:
0
Subdivision Number:
15
Courtesy of:
FortMark, LLC
Attribution:
786-600-5069
Location
Street Name:
37th Ave
Street Number:
2597
City:
Miami
State:
Florida
Zip Code:
33133
County:
Miami-Dade
Latitude:
N25° 44' 35.4''
Longitude:
W81° 44' 45.6''
Street Direction Prefix:
SW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $92,734
Median Home Value $906,800
Median Rent $1,945/mo
Median Age 40
Population 34,651

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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