Retail Storefront with Display
For Sale
Contact for pricing
1782 SW 8 st # 1792, Miami, FL 33174
The open interior can accommodate retail, showroom, gallery, or professional service uses.
Property Size8,022 SF
Price / SF$1.25
Days on Market267
Property Features for 1782 SW 8 st # 1792
General Information
Standard status
Active
Size
8,022 SF
Property subtype
Retail
Building Details
Building Size
8,022 SF
Listing Agency:
Compass Florida, LLC
Listed By:
Alessandro Lima · License #3404498
(305) 964-9688
Source:
Cofresi
Added: Feb 2
Changed: Oct 26
Last Checked: Oct 26 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space has an open, adaptable interior and large display windows facing the street. Potential uses described for the space include retail, showroom, gallery, café without heavy-grease cooking, boutique, professional services, and creative studio operations.
The storefront is on SW 8th Street in Miami. The surrounding commercial corridor includes restaurants, coffee shops, cultural destinations, and established businesses, with residential neighborhoods nearby. Brickell, Downtown Miami, and major transit routes are described as a short drive away.
The storefront is on SW 8th Street in Miami. The surrounding commercial corridor includes restaurants, coffee shops, cultural destinations, and established businesses, with residential neighborhoods nearby. Brickell, Downtown Miami, and major transit routes are described as a short drive away.
Key Highlights
- Open interior layout adaptable to a range of commercial uses
- Large display windows facing SW 8th Street
- Café use contemplated, subject to no heavy‑grease cooking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$261,723
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,234,460
$5.2M
Cap Rate 7%
$3,738,900
$3.7M
Cap Rate 9%
$2,908,033
$2.9M
Market Conditions
NOI Build-Up for 8,022 SF
Gross rent
$416.8K $51.96/SF
− Vacancy
−$42.9K −$5.35/SF
EGI
$373.9K $46.61/SF
− OpEx
−$112.2K −$13.98/SF
NOI
$261.7K $32.63/SF
Area
Miami, FL
Vacancy
10.30%
Lease Rate
$51.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,234,460
Cap Rate 7%
$3,738,900
Cap Rate 9%
$2,908,033
Alternative Uses
Best Use
Retail
$3.74M
$3.27M – $4.36M
NOI $261,723 @ 7.0% cap · market cap 2,617.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.41M
$4.74M – $6.32M
NOI $379,043 @ 7.0% cap · market cap 3,790.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - The open interior can accommodate retail, showroom, gallery, or professional service uses.
Where is this retail space located?
The property is located at 1782 SW 8 st # 1792 Miami, FL.
What are key features of this property?
This property features: Open interior layout adaptable to a range of commercial uses; Large display windows facing SW 8th Street; Café use contemplated, subject to no heavy‑grease cooking
