7842 Coral Way, Miami, FL 33155

Property Description

Prime retail smoke shop opportunity positioned directly on the highly traveled Coral Way corridor in Miami, one of the area’s most active commercial arteries with approximately 35,000+ vehicles per day (FDOT data). This unit offers exceptional street frontage, constant visibility, and strong drive-by exposure in a high-demand retail strip surrounded by barbershops, salons, and service-oriented businesses that generate steady daily foot traffic. Established under current ownership for 5 years, the business features stable operations and a fully built-out space. Sale includes inventory, fixtures, equipment, and existing improvements, allowing a qualified buyer to step in and operate immediately. Competitive lease in place, subject to landlord approval. Ample parking in front with additional rear parking enhances accessibility and customer convenience. Ideal opportunity for an investor seeking a cash-flowing retail asset or a motivated entrepreneur looking to step into an operational, ready-to-run business with room for growth. Business only – real estate not included. Confidential sale. NDA required for financials and lease details.

Listing Status:

Active

Date Added:

February 19, 2026

Data Last Updated:

March 29, 2026 at 3:07PM

Listing Office:

Elev8ed Estates Corp : 786-461-8930

Listing Agent:

Yamile Dominguez : 786-461-8930

MLS ID:

A11968668

Interior

• A/C: Central Building A/C

Exterior

• Parking: Additional Spaces AvailableCommonFree Parking

Construction

• Windows: Complete Panel Shutters/Awnings
• General: BrickCBS Construction

Location

• Road/Access: City StreetMain Thoroughfare
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: Commercial Retail

Utilities

• Water: Public

Financial

• Source: Miami Association of REALTORS®