3403 W Flagler Street, Miami, FL 33135

$130,000

Virtual Tour

http://www.propertypanorama.com/instaview/mia/A2085976

Property Type: Business Opportunity Square Footage: 237 Status: Closed

Current Price: $130,000 List Date: 3/13/2015 Last Modified: 6/10/2026

Overview

Description

EASY RUNNING GROCERY STORE, VERY LOW OVERHEAD AND COMMERCIAL AFFORDABLE MONTHLY LEASE FOR $3,210 AND 15 YEARS LEASE CONTRACT WITH INCREASE MONTHLY RATE 1% FOR THE FIRST 10 YEARS. IT IS THE STORE OF THE NEIGHBORHOOD 1/2 MILE PERIMETER, SO WALKING CUSTOMER ARE PERMANENT AND VERY LOYAL TO THE STORE. NEW IDEAS FOR INCREASE GROSS SALE RANGE FROM OPEN A SMALL CAFETERIA AND INCLUDE ADDITIONAL TARGETING SERVICES .

Listing Details MLS# A2085976

General Property Information

Occupant Type: Owner
Building Area Main: 237
Occupied Area: 2337
Year Built: 1935
Parking Total: 5
Additional Business Names: LATIN SUPERMARKET
Ownership Type: Corporation
Training Available YN: Yes

Property Features

Business Type: Convenience Store; Retail Documents Available: Copy Of Lease(s); Equipment Inventory; Inventory; Owner Managed; Stock Inventory; Training Program Electric: 110 Volts; 440 Volts; Three Phase; Other Expenses Include: Accounting/Legal; Electricity; Gas/Oil; Licenses and Permits; Miscellaneous; Payroll; Phone; Property Management; Rent Flooring: Carpet; Concrete; Vinyl Heating: Central Building Lease Term Remaining: 11 Years Or More Location of Property: Anchored Center; City Location; Corner Unit; In Residential Area Parking Features: Free; Other Possession: Negotiable; Other Sale Includes: Building; Business; Furniture; Inventory; Leases; Machinery Special Information: Presently Leased Special Licenses: Beer/Wine; City License; Occupational; Other Source Of Expenses: Owner Provided; Other Construction Materials: CBS; Metal Frame; Stucco; Other Cooling: Central Building; Other Listing Terms: Cash; Other Road Description: Divided; Two Lane Road Frontage Type: City Street; Interchange; Main Thoroughfare Roof: Composition; Metal; Shingle; Other Rail Description: No Rail Service Security Features: Fire Alarm; Security System; Other Sewer: Public Sewer Structure Type: Retail Water Source: Public Showing Requirements: 24 Hour Notice; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 150000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 3403
Street Direction Prefix: W
Street Name: Flagler
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33135
Postal Code +4: 1025
Area: 2410
Parcel Number: 0141040232680
Subdivision Number: 23
Zoning: 61/COMME
Directions: DRIVING FROM 836 EXPRESSWAY EXIT AT 42 AVENUE,GO SOUTH UNTIL FLAGLER STREET, TURN LEFT AND DRIVE UNTIL 37 AVENUE IS REACHED FROM THERE A FEW BLOCKS ON LEFT SIDE THE PROPERT IS IN CORENER OF 34 AVENUE 37 AVENUE

Financial Information

Tax Annual Amount: 4409
Tax Year: 2014
Tax Legal Description: TWELFTH ST MANORS PB 5-59LOTS 10 TO 12 INC BLK 31 LOT SIZE 75.000 X 93 75R 206881
Assessor Market Value: 150000

Status Change Information

Major Change Timestamp: 2015-12-19T15:42:39Z
Major Change Type: Status Change
Status Change Date: 2016-02-17
Under Contract Date: 2015-11-01
Close Date: 2015-12-19
Close Price: 130000
Buyer Financing: Cash

More Information

Building and Property Details

# Of Bays: Yes
# Of Loading Docks: Yes
# Of Offices: Yes

Business Details

Total Employees: 3
Year Established: 40

Income and Expenses

Cost of Sales: 420000
Fixture Value: 30000
Gross Rent: 38400
Gross Sales: 600000
Inventory Value: 50000
Net Operating Income: 111548
Other Income: 25200
Inc/Exp Statement Period: No

Buyer Details

Intended Use: Primary Residence
Buyer State: Florida
Zip Code: 33129

Section Details

Parcel Number MLX: 2680

Originating Details

Originating System Key: 121232329
Originating System ID: M00000151

Currently Not Used

Year Built: 1935

Office/Member Information

DXORIGMLSID: SEF

Electric

110 Volts: Yes
440 Volts: Yes
Three Phase: Yes
Other: Yes

Flooring

Carpet: Yes
Concrete: Yes
Vinyl: Yes

Loan Details

Assumable Chattel Balance: 0

Parking Features

Free: Yes
Other: Yes

Documents Available

Copy Of Lease(s): Yes
Equipment Inventory: Yes
Inventory: Yes
Owner Managed: Yes
Stock Inventory: Yes
Training Program: Yes

Structure Type

Retail: Yes

Location of Property

Anchored Center: Yes
City Location: Yes
Corner Unit: Yes
In Residential Area: Yes

Possession

Negotiable: Yes
Other: Yes

Sewer

Public Sewer: Yes

Special Information

Presently Leased: Yes

Business Type

Convenience Store: Yes
Retail: Yes

Heating

Central Building: Yes

Sale Includes

Building: Yes
Business: Yes
Furniture: Yes
Inventory: Yes
Leases: Yes
Machinery: Yes

Special Licenses

Beer/Wine: Yes
City License: Yes
Occupational: Yes
Other: Yes

Construction Materials

CBS: Yes
Metal Frame: Yes
Stucco: Yes
Other: Yes

Listing Terms

Cash: Yes
Other: Yes

Road Frontage Type

City Street: Yes
Interchange: Yes
Main Thoroughfare: Yes

Roof

Composition: Yes
Metal: Yes
Shingle: Yes
Other: Yes

Security Features

Fire Alarm: Yes
Security System: Yes
Other: Yes

Water Source

Public: Yes

Expenses Include

Accounting/Legal: Yes
Electricity: Yes
Gas/Oil: Yes
Licenses and Permits: Yes
Miscellaneous: Yes
Payroll: Yes
Phone: Yes
Property Management: Yes
Rent: Yes

Hours/Days Of Operation

Open 8+ Hours/Day: Yes
# Of Days Open: 7

Lease Term Remaining

11 Years Or More: Yes

Source Of Expenses

Owner Provided: Yes
Other: Yes

Cooling

Central Building: Yes
Other: Yes

Showing Requirements

24 Hour Notice: Yes
Call Listing Agent: Yes

Rail Description

No Rail Service: Yes

Road Description

Divided: Yes
Two Lane: Yes

Listing Office: The Keyes Company

Last Updated: June - 10 - 2026

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3403 W Flagler Street, Miami, FL 33135 (MLS# A2085976)