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    6471 Sw 8 St West Miami, FL

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    For Sale
    $1,600,000

    Retail building on Calle Ocho, ideal for owner-user or investor.

    Property size:
    2,176 SF
    Lot size:
    0.13 Acres

    Property Features for 6471 Sw 8 St

    General Information

    Size
    2,176 SF
    Lot size
    0.13 Acres

    Source: Porosoff Partners Agent Arthur D Porosoff

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

    Overview

    Calle Ocho Retail Building For Sale

    Located on SW 8th Street (Calle Ocho) in the Flagami neighborhood, this retail building offers approximately 2,176 square feet of space. The 4-bay building has undergone a full renovation, featuring impact windows and doors, along with a new roof. Currently, 3 of the 4 units are leased on a month-to-month basis, presenting an opportunity for an owner-user or a value-add investor. The property generates a current income of $8,000 per month, which is $96,000 annually. Proforma income is estimated at $144,000 per year, resulting in a proforma cap rate of approximately 6.5% based on stabilized income. The short-term leases provide flexibility for repositioning or owner occupancy. A notable amenity for Calle Ocho is the availability of over 10 on-site parking spaces.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Farmgirl Flowers, PINK FLOWER BOUTIQUE, ABA Flowers.Com, Roses America _ Best Quality Roses in Miami, Calla Flowers LLC

    Map

    City
    West Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.360297
    Latitude
    25.7858514

    Nearby Similar for Sale

    • $790,000
      1,400 SF

      Calle Ocho Retail Building

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      5765-5767 SW 8 St, West Miami, FL
      View Details
    • $88,000

      West Miami Spa Business Opportunity

      Spa for sale in West Miami, generating monthly rental income.
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    FAQs

    What type of property is this?
    Storefront property - Retail building on Calle Ocho, ideal for owner-user or investor.
    Where is this storefront property located?
    The property is located at 6471 Sw 8 St West Miami, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Prime location on SW 8th Street (Calle Ocho) in Flagami; - Fully gut-renovated with **impact windows & doors and a new roof**; - **High income potential:** Current income of $96,000/year with a proforma income of $144,000/year
    (305) 733-6066
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    6471 Sw 8 St West Miami, FL
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    West Miami, FL
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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
    6471 Sw 8 St West Miami, FL
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