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Hotel-Integrated Retail Condominium
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115 SW 8th St, Miami, FL 33130

Retail condominium positioned beneath a dual-branded hotel with established multi-tenant occupancy.

Property Size22,539 SF
Days on Market57

Property Features for 115 SW 8th St

General Information

Standard status Active
Size 22,539 SF
Property subtype RETAIL
Occupancy 92%

Building Details

Year Built 2021
Tenancy Multi
Listing Agency: JLL | Miami
Listed By: Jorge Portela · License #SL3416242
Source: Moodyscre
Added: Jul 6 Changed: Aug 30 Last Checked: Aug 31 at 1:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | Miami

Investment Insights

Based on property information with market context.

This retail condominium occupies the ground level of the AC Marriott and Element by Westin hotel, providing a multi-tenant commercial component within a 2021-built hospitality property. The space totals 22,539 square feet and is currently 91.6% leased among eight tenants, with 7.2 years of WALT.

The property is located at 115 SW 8th St in Miami’s Brickell neighborhood and carries a 99 Walk Score. More than 2,000 luxury condominium units are under construction or planned within a one-block radius, reflecting the surrounding residential development context.

Key Highlights

  • 22,539‑square‑foot retail condominium
  • Built in 2021 at the base of the AC Marriott and Element by Westin hotel
  • 91.6% leased to eight tenants

Property Analytics

Current Use

PingPod Production Facility N5 City Police ... Association / Organization Element Miami Brickell Hotel & Motel AC Hotel by ... Hotel & Motel Gift Certificates | Silver ... Department Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Butcher Restaurant Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

91.6%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

19,526
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail condominium positioned beneath a dual-branded hotel with established multi-tenant occupancy.
Where is this retail space located?
The property is located at 115 SW 8th St Miami, FL.
What are key features of this property?
This property features: 22,539‑square‑foot retail condominium; Built in 2021 at the base of the AC Marriott and Element by Westin hotel; 91.6% leased to eight tenants
(305) 774-7191 Call to check price and availability
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