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    115 SW 8Th St Miami, FL 33130

    For Sale
    Contact for pricing

    22,563 SF retail condominium in Miami's Brickell neighborhood.

    Property size:
    22,563 SF
    Lot size:
    0.64 Acres

    Property Features for 115 SW 8Th St

    General Information

    Size
    22,563 SF
    Lot size
    0.64 Acres

    Source: JLL | Miami Agent Jorge Portela

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brickell Retail Condominium For Sale

    This 22,563 square foot retail condominium is located at the base of the dual-branded AC Marriott / Element by Westin Hotel in Miami’s Brickell neighborhood. Constructed in 2021, the property is currently 91.6% leased to eight tenants, with a weighted average lease term (WALT) of 7.2 years. The property has a Walk Score of 99 and is situated in an area experiencing ongoing westward development, with over 2,000 luxury condominium units under construction or planned within a one-block radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PingPod Table Tennis Facility N5 City Police ... Association / Organization Element Miami Brickell Hotel AC Hotel by ... Hotel Gift Certificates | Silver ... Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.196651
    Latitude
    25.766589

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    FAQs

    What type of property is this?
    Retail space - 22,563 SF retail condominium in Miami's Brickell neighborhood.
    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: - Located in Miami's Brickell neighborhood, a vibrant and rapidly developing luxury destination.; - Boasts a **99 Walk Score**, indicating exceptional walkability.; - 91.6% leased to eight tenants, providing strong current income.
    (305) 704-1403
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    115 SW 8Th St Miami, FL 33130
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    Miami, FL 33130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 SW 8Th St Miami, FL 33130
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