6471 SW 8th St new

Miami,FL 33144

$ 1600000

- Bed

0 Bath

2197 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,197 sqft

Price per Sqft $728

MLS Listing ID A11833633

Style Detached

HOA Y/N No

Year Built 1957

Annual Tax Amount $15,325

Lot Size 6,000 Sqft

Property Sub-Type Retail

Property Description

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.

Location

State FL

County Miami-dade

Area 40

Exterior

Private Pool Yes

Building

Architectural Style Detached

Others

Tax ID 01-40-01-005-6480

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11833633

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