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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

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
More about this property
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