817 8Th StMiami, FL 33130

Property Details for 817 8Th St

Year built

1930

Construction

CONCRETE

Lot size

0.04 AC

Property size (Sq ft)

947 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Outlet malls

APN

01-4138-006-0040

APU

141380060040

Description

This exceptional 1,500-square-foot warehouse, located at 817 SW 8th Street in Miami, Florida, presents a unique investment opportunity. Built in 1933 and extensively renovated in 2024, this single-tenant property boasts a prime location in East Little Havana, nestled between Brickell and Little Havana, offering unparalleled access to major employment hubs. The building is zoned 6100 and features a single suite within a single building. Its strategic position on Calle Ocho, near 8th Avenue, places it in close proximity to high-traffic areas and established businesses including Walgreens and 7-Eleven. The property's convenient location offers easy access to I-95, making it ideal for businesses requiring efficient transportation links. While there are no designated parking spaces on the property, its walkability to key areas and proximity to public transportation mitigate this. The property is available for lease as a whole or potentially as a half-space, offering flexibility for various business needs. This fully renovated warehouse represents a rare chance to establish a presence in a thriving, high-demand area of Miami. The APN is 01-41-38-006-0040. The property is classified as Retail and Industrial.

• CAP approach

  CAP return

  Valuation

  6%

  $1,201,907

  6.5%

  $1,109,453

  7%

  $1,030,206

• Comparable approach

  Method

  Valuation

  Relative Method

  $913,672

  Geo Method

  $913,672

• Alternative Use

  Use

  Valuation

  Residential

  $935,865

  Hospitality

  $857,247

  Educational

  $713,220

  Medical

  $737,748

  Retail

  $1,109,453

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7662

Longitude

-80.208

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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