2268 SW 8TH ST

MIAMI, FL 33135

Status:

Available

Price:

$4,490,000

Price/Unit:

$561,250

Net Rentable (SF):

7,298

Acres:

0.25

Units:

Year Built:

1945/2017

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

HIGHLIGHTS
≥ Rare Opportunity to Acquire a Gut Renovated Mixed-Use Building on World Famous Calle Ocho
≥ Turnkey Property Gut Renovated in 2017
≥ 2 Retail Bays Averaging 1,300 Sq Ft Each Featuring Individual Water and Electric Meters
≥ 6 Fully Renovated Apartment Units
≥ Favorable Unit Mix 4 one-bedroom and 2 two-bedroom Units
≥ All Units Feature Central A/Cs, Dishwashers, stainless steel appliances
≥ 40/50 Year Recertification Completed in 2017 (Next Due in 2027)

INVESTMENT HIGHLIGHTS

PROPERTY OVERVIEW
The Porosoff Group at Compass Commercial, as exclusive listing agent, is pleased to offer for sale 2268 SW 8th Street, a mixed-use 2 Retail and 6-unit apartment building located in the highly sought-after Little Havana neighborhood in the City of Miami.

Little Havana
2268 SW 8th Street is located in the Little Havana section of Miami, a short distance to Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment and nightlife scene. The property is conveniently nestled on SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community and walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to high demand for rental units in the area and translates into historically low vacancy rates.