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    5420-5430 SW 8Th St Coral Gables, FL 33134

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    For Lease
    $20,000 /Mo ($48 SF/Yr)

    Freestanding 5,000 SF building on Calle Ocho with parking.

    Property size:
    5,000 SF
    Lot size:
    0.17 Acres

    Property Features for 5420-5430 SW 8Th St

    General Information

    Size
    5,000 SF
    Lot size
    0.17 Acres

    Source: Fausto Commercial Realty Agent Ashleen Cruz

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

    Overview

    Calle Ocho Freestanding Retail Building

    This freestanding 5,000 sq. ft. building is situated on a 24,000 sq. ft. lot and offers 31+ parking spaces. The property is located on Calle Ocho near Coral Gables, benefiting from excellent public transportation, high foot traffic, and a vibrant cultural environment that attracts locals and thousands of daily tourists. The location has a population of 29,886 within 1 mile and sees over 40,000 cars passing daily. Zoned MX-1, the property allows for diverse uses such as drive-through facilities, restaurants, markets, banquet halls, retail storefronts, educational facilities, professional offices, museums/art galleries, and much more. The average household income within a 1-mile radius is $107,198. This versatile property offers tremendous potential for a wide range of business ventures.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Antonio Flowers & Gifts, Flowers by Belkis, Jorge Orchid, Flowers Unlimited Miami, Exclusive Concepts by Endless Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.283173
    Latitude
    25.763674

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    FAQs

    What type of property is this?
    Storefront property - Freestanding 5,000 SF building on Calle Ocho with parking.
    Where is this storefront property located?
    The property is located at 5420-5430 SW 8Th St Coral Gables, FL.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Calle Ocho with high foot traffic and tourist volume.; - Large 24,000 sq. ft. lot with a 5,000 sq. ft. building and 31+ parking spaces.; - MX-1 zoning allows for diverse business uses such as drive-through, restaurant, and retail.
    (305) 961-1179
    Request Owner's contact information
    5420-5430 SW 8Th St Coral Gables, FL 33134
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    Coral Gables, FL 33134
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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
    5420-5430 SW 8Th St Coral Gables, FL 33134
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