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6471 SW 8th St, Miami FL 33144

Commercial Sale

6471 8th St

Miami, FL 33144

ML#:A11833633
List Price:$1,500,000
Status:Closed
Days on Market:129
Listing Brkr:Compass Florida, LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:6000 sqft
Year Built:1957
Stories:

General Information

Type Property:Commercial Sale
Style:Retail
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33144
Subdivision:
Latitude:25.763289
Longitude:-80.301342

Financial Information

Annual Taxes:$15,325
Original Price:$1,600,000
Days on Market:129

Remarks

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 SF 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.

Listing Agent

Alessandro Lima

Compass Florida, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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