6471 SW 8TH ST

MIAMI, FL 33144

Status:

Available

Price:

$1,600,000

Price/Unit:

$400,000

Net Rentable (SF):

2,176 SF

Units:

4 BAYS

Lot Size:

6,000

OFFERING MEMORANDUM:

INVESTMENT OVERVIEW

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.

INVESTMENT HIGHLIGHTS

Prime Location: Situated on SW 8th Street (Calle Ocho) in the vibrant Flagami neighborhood
Building Size: ±2,176 SF 4-bay retail building
Occupancy: 3 of 4 units leased month-to-month – ideal for owner-user or value-add investor
Current Income: $8,000/month ($96,000/year)
Proforma Income: $144,000/year
Proforma Cap Rate: ~6.5% (based on stabilized income)
Lease Flexibility: Short-term leases allow repositioning or owner occupancy
Turnkey Condition: Fully gut-renovated with impact windows & doors, new roof
Parking: Over 10 on-site spaces – a rare amenity for Calle Ocho