5143 8Th StMiami, FL 33134

Property Details for 5143 8Th St

Year built

1952

Construction

CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

1,524 SF

Zone code

6100:COMMERCIAL,NEIGHBRHD

Property type

Office properties

Property subtype

Office buildings

APN

01-4106-043-0170

APU

141060430170

Description

This exceptional 1,524 square foot retail space is ideally situated at 5143 SW 8th Street, Suite B, Miami, Florida 33134. The property boasts a single-tenant occupancy and is zoned 6100, offering significant potential for a variety of businesses. Its prime location ensures excellent visibility and high foot traffic, making it an attractive proposition for businesses seeking a strategic foothold in a thriving commercial area. The property benefits from ample parking, providing convenient access for both customers and employees. Its convenient location offers easy access to major roads, enhancing accessibility and visibility. The property's APN is 01-41-06-043-0170. This is a fantastic opportunity for a business seeking a well-located, easily accessible retail space in a high-traffic area of Miami. The property is ready for immediate occupancy, presenting a turnkey solution for businesses looking to establish or expand their presence in this dynamic market. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $432,092

  6.5%

  $398,854

  7%

  $370,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $214,945

  Geo Method

  $214,945

• Alternative Use

  Use

  Valuation

  Residential

  $494,579

  Hospitality

  $453,032

  Educational

  $376,917

  Medical

  $389,880

  Retail

  $586,315

Location Insight

City

Coral Gables

County

Miami-dade

State

Florida

Latitude

25.7642

Longitude

-80.278

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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