2390 SW 8th St, Miami FL 33135

Closed

$3,900,000

4.88%

Est. Payment $20,757/mo

MLS Sheet Video

1952

Year Built

Stories

112

Days on Market

Description

Prime Calle Ocho Location with 23 licensed Motel units fully operating for over 30 years in the business. Some units have been remodeled, and some are original. Sales includes both buildings, Rainbow and San Juan Motels, as they operate as one. Great CAP return per year. Sale includes business and the real estate. Please do not disturb staff or guests with questions. Contact agent for all questions and appointments.

Facts

MLS#: A11593755
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Hotel/Motel
Year Built: 1952
Lot Size: 8,858 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 1
Garage: —
Pool: —
Days on Market: 112 days
Listed: May 24, 2024
Last Updated: Dec 12, 2024
Price/Lot Sq.Ft.: $440/ft²

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2270 SW 8th St, Miami FL 33135

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

12/12/2024	Sold	$3,900,000
8/5/2024	Price change	$3,900,000-4.9%
5/24/2024	Listed for sale	$4,100,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

2390 SW 8th St, Miami FL 33135Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Gordon School of Beth David
PK,KG,1,2,3,4,5 · private · 0.7 mi
The Gordon School of Beth David Congregation
PK,TK,KG,1,2,3,4,5 · private · 0.7 mi
Mater Virtual Academy Charter Middle/High School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 0.7 mi
International Studies Virtual
6,7,8,9,10,11,12 · charter · 0.7 mi
Colegiate Preparatory Academy
6,7,8,9,10,11,12 · charter · 0.7 mi
Mater Brickell Academy High
9,10,11,12 · charter · 0.7 mi
Mater Brickell Academy Middle
6,7,8 · charter · 0.7 mi
La Prima Casa Montessori School
PK,1,2,3 · private · 0.7 mi
La Prima Casa Montessori
PK,KG · private · 0.7 mi
Kingsbury Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.8 mi

Estimated Monthly Payment

$24,157/mo

Principal & Interest

$20,757

Property Tax

$3,250

Insurance

$150

HOA

Down Payment20% ($780,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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