6471 SOUTH WEST 8TH ST, Miami
$1,600,000 USD
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| Address | 6471 SOUTH WEST 8TH ST, Miami |
| Type of Property | Retail |
| Type of Business | Retail Space |
| Price | $1,600,000 |
| Property Status | Active |
| MLS Number | A11833633 |
| Property Size | 6000 |
| Lot Size | 6000 |
| Year Built | 1957 |
| Folio Number | 01-40-01-005-6480 |
| Zoning Information | 6100 |
| Days on Market | 96 |
Detailed Description: Located in the heart of Miami’s Flagami neighborhood on bustling SW 8th Street (Calle Ocho), this fully renovated 4-bay retail building offers an ideal opportunity for investors or owner-users alike. The ±2,176 sq.ft building sits on a highly visible corner with over 10 on-site parking spaces and excellent frontage on one of the city’s most traveled corridors. Three of the four retail bays are leased on a month-to-month basis, currently generating $8,000 / month. The flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. With a proforma gross annual income of $144,000, the asset offers strong upside potential in one of Miami’s most dynamic retail corridors.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33144 |
| Address | 6471 SOUTH WEST 8TH ST |
| Zip Code (4 Digits) | 4843 |
Financial Information
| Price | $1,600,000 |
| Price per Foot | $0 |
| Folio Number | 01-40-01-005-6480 |
| Tax Amount | $15,325 |
Full Descriptions
| Detailed Description | Located in the heart of Miami’s Flagami neighborhood on bustling SW 8th Street (Calle Ocho), this fully renovated 4-bay retail building offers an ideal opportunity for investors or owner-users alike. The ±2,176 sq.ft building sits on a highly visible corner with over 10 on-site parking spaces and excellent frontage on one of the city’s most traveled corridors. Three of the four retail bays are leased on a month-to-month basis, currently generating $8,000 / month. The flexible lease structure provides a value-add opportunity for investors or a chance for an owner-operator to occupy a portion or all of the building. With a proforma gross annual income of $144,000, the asset offers strong upside potential in one of Miami’s most dynamic retail corridors. |
Property parameters
| Living Area | 6000 |
| Lot Size | 6000 |
| Total Acreage | 0.000 |
| Zoning Information | 6100 |
| Maximum Leasable Size | 6000 |
| Year Built | 1957 |
| Type of Property | Retail |
| Type of Business | Retail Space |
| Street Direction | South West |
| Listed with | Compass Florida, LLC. |