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    40 SW 8Th Ave Miami, FL 33130

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    For Sale
    $1,900,000

    Two commercial stores totaling 1800 SF with parking.

    Lot size:
    0.11 Acres

    Property Features for 40 SW 8Th Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1972

    Source: Distinctive Estates,Inc. Agent Daniel Matos

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

    Overview

    Commercial Stores with Parking

    This property features a building with two commercial stores, totaling 1800 square feet. The building includes parking in the rear and has a clear 40-year certification. One of the stores is currently occupied by a barber shop with a 1-year lease. The second store is currently vacant. The property benefits from a location with heavy traffic and visibility and is situated minutes from the downtown bridge.
    Insight Report Location Intelligence

    Current Use by Public Records

    EmNova Motorcycle Miami Motorcycle Dealer bebiendosalud Water Filter Supplier Alkaline Water Solution ... Store

    Suggested Use

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

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

    Similar Places Nearby

    Ocean Same Day Flower Delivery, Touch of Class Florist, Touch of Class Florist | Send Flowers Miami, FL, Bloom Flower Studio, Madame Butterfly Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.207927
    Latitude
    25.773018

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    FAQs

    What type of property is this?
    Storefront property - Two commercial stores totaling 1800 SF with parking.
    Where is this storefront property located?
    The property is located at 40 SW 8Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Two commercial stores totaling 1800 sqft.; - Great location with heavy traffic and visibility.; - Parking in rear.
    (786) 299-1641
    Request Owner's contact information
    40 SW 8Th Ave 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
    40 SW 8Th Ave Miami, FL 33130
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