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    1945 SW 8Th St Miami, FL 33135

    For Lease
    Contact for pricing

    Restaurant space available on Calle Ocho with high tourist traffic.

    Property size:
    1,400 SF
    Lot size:
    0.09 Acres

    Property Features for 1945 SW 8Th St

    General Information

    Size
    1,400 SF
    Lot size
    0.09 Acres

    Source: Fausto Commercial Realty Agent Alessandro Lima

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

    Overview

    Calle Ocho Restaurant Ready Space

    This 1,400 square foot restaurant space is located on Calle Ocho's main drag, across from a 300+ unit apartment building and 'El Toro Loco'. The location benefits from high visibility and foot traffic, with 3.5 million tourists visiting the block annually. The space will be delivered in vanilla shell condition, including new bathrooms, HVAC, electrical, plumbing, and a new grease trap. The area attracts foreign tourists during the day and local Miami residents for nightlife, making it a lively commercial area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Chefs Mark or Oren, Green Anthony, Food Solutions, francisco is cooking for you, Tasty Moments Miami

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.22789
    Latitude
    25.765772

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space available on Calle Ocho with high tourist traffic.
    Where is this restaurant located?
    The property is located at 1945 SW 8Th St Miami, FL.
    What are key features of this property?
    This property features: - High Tourist Traffic: Located on a block with **3.5 million annual visitors**.; - Restaurant-Ready Space: **1,400sf space delivered in vanilla shell condition with new bathrooms, HVAC, electrical, plumbing, and grease trap.**; - Prime Location: Situated on Calle Ocho's main drag.
    (305) 281-4469
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    1945 SW 8Th St Miami, FL 33135
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    Miami, FL 33135
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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

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    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
    1945 SW 8Th St Miami, FL 33135
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