1756 8Th StMiami, FL 33135

Property Details for 1756 8Th St

Year built

1974

Construction

CONCRETE

Lot size

0.27 AC

Property size (Sq ft)

7,920 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Retail properties

Property subtype

Outlet malls

APN

01-4110-063-2770

APU

141100632770

Description

This exceptional Miami retail center, located at 1756 SW 8th St, offers two available spaces, each spanning 800 square feet. Built in 1974 and extensively renovated in 2023, this Class B property boasts a prime location in the heart of Miami, just a 10-minute drive from Brickell. The property features a single, two-story building with ample parking—a total of 16 spaces—providing convenient access for customers and employees. Its zoning designation is T6-8 O, and the APN is 01-4110-063-2770 in Miami-Dade County, Florida (zip code 33135). The property's high visibility and pedestrian traffic ensure excellent exposure for businesses. The versatile spaces are suitable for a variety of retail uses, from intimate boutiques to larger showrooms, catering to the diverse needs of modern businesses. The property's strategic location benefits from the area's bustling activity, attracting both local residents and tourists. This is a unique opportunity to establish or expand a business in a thriving Miami neighborhood. The property is situated near 17th Ave, offering easy access and visibility. The multiple tenancy structure allows for flexibility and diverse business opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,051,854

  6.5%

  $9,278,634

  7%

  $8,615,875

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,641,273

  Geo Method

  $7,641,273

• Alternative Use

  Use

  Valuation

  Residential

  $7,826,876

  Hospitality

  $7,169,376

  Educational

  $5,964,836

  Medical

  $6,169,976

  Retail

  $9,278,634

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.7654

Longitude

-80.2235

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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