2151 SW 8th St, Miami, FL 33135
Retail - Miami, FL
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 2151 SW 8th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- 6100
- Security features
- Security System
- Interior features
- Security System
- Standard status
- Active
- APN
- 01-41-03-020-0030
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10414
Utilities
- Sewer type
- Other
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1947
- Architectural style
- Other
Listing agent Miguel Solis License #0624178 (305) 695-6300
Listing office Douglas Elliman 1515 Sunset Dr # 10, Palm Beach, FL (305) 695-6300
Listing date Jun 26, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on iconic Calle Ocho (SW 8 Street) in a vibrant commercial district.
- Approximately 3,000 sq ft retail space suitable for owner‑user or investor.
- Zoned for retail use with month‑to‑month tenant providing flexibility.
- Can be divided into two separate units (approximately 1,400 sq ft each) with separate entrances and FPL meters.
- Excellent access to Coral Gables, Coconut Grove, and Brickell/Downtown.
- Includes 2 private offices and 3 individual restrooms.
Overview
The space is located on iconic Calle Ocho (SW 8 Street), providing convenient access to Coral Gables, Coconut Grove, and the Brickell/Downtown corridor. The seller notes the property can be divided into two separate units, with two separate doors and FPL meters, offering configuration flexibility for an owner or investor.
With its retail zoning, restroom and office accommodations, and the option to operate as two units, the property may fit an owner-user seeking a storefront with internal support space, or an investor looking at a month-to-month tenant arrangement and potential reconfiguration into two suites. Easy to show with notice; contact the listing agent for details.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $155.9k | $51.96 |
| − Vacancy | −$16.1k | −$5.35 |
| EGI | $139.8k | $46.61 |
| − OpEx | −$41.9k | −$13.98 |
| NOI | $97.9k | $32.63 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Marjorie Flowers — 1643 SW 8th St, Miami, FL 33135
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- Lety Botanica — NW 25th Ave, Miami, FL 33125
- Minudi Flowers — 2485 W Flagler St Suite 8, Miami, FL 33135
- Zen Floral Design — 2248 SW 1st St, Miami, FL 33135
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.22988
- Latitude
- 25.76569
