Bar & Pub with 4 COP
For Sale
Contact for pricing
2007 SW 8th St, Miami, FL 33135
Second-generation hospitality space includes furniture, equipment, and an existing 4 COP license.
Property Size2,475 SF
Price / SF$1,535
Days on Market143
Property Features for 2007 SW 8th St
General Information
Standard status
Active
Size
2,475 SF
Property subtype
Retail
Zoning
X
Occupancy
100%
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Building Details
Year Built
1946
Year Renovated
1970
Stories
1
Listing Agency:
Silverleaf Realty Group
Listed By:
Mario Francisco Frech P.A · License #3356151
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: May 8 at 7:40AM
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 Silverleaf Realty Group
Investment Insights
Based on property information with market context.
This second-generation bar and restaurant property at 2007 SW 8th St includes the furniture and equipment needed for its existing hospitality use. A 4 COP license is included with the sale, providing a specific operating asset for a bar or restaurant user.
The property is situated on Eighth Street in Miami’s Little Havana neighborhood, identified in the listing as a vibrant and iconic commercial street. The premises may support an owner-used operation, with the existing bar and restaurant configuration, furnishings, equipment, and license forming the core of the offering.
The property is situated on Eighth Street in Miami’s Little Havana neighborhood, identified in the listing as a vibrant and iconic commercial street. The premises may support an owner-used operation, with the existing bar and restaurant configuration, furnishings, equipment, and license forming the core of the offering.
Key Highlights
- 4 COP license included in the sale
- Furniture and equipment convey with the property
- Second‑generation bar and restaurant configuration
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,945
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,900
$2.3M
Cap Rate 7%
$1,670,643
$1.7M
Cap Rate 9%
$1,299,389
$1.3M
Market Conditions
NOI Build-Up for 2,475 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$158.3K $63.96/SF
− Vacancy
−$2.4K −$0.96/SF
EGI
$155.9K $63.00/SF
− OpEx
−$39.0K −$15.75/SF
NOI
$116.9K $47.25/SF
Area
Miami, FL
Vacancy
1.50%
Lease Rate
$63.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,338,900
Cap Rate 7%
$1,670,643
Cap Rate 9%
$1,299,389
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,945 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,552
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Second-generation hospitality space includes furniture, equipment, and an existing 4 COP license.
Where is this bar & pub located?
The property is located at 2007 SW 8th St Miami, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 4 COP license included in the sale; Furniture and equipment convey with the property; Second‑generation bar and restaurant configuration
