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Calle Ocho Retail Space Available

2151 SW 8th St, Miami, FL 33135

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For Sale

$1,399,999

Retail space on Calle Ocho, suitable for owner-user or investor.

Type:Commercial

Property size:

3,000 SF

Price / SF:

$466/SF

HighLights

Prime location on iconic Calle Ocho (SW 8 Street)
3,000 sq ft retail space with flexibility for owner‑user or investor
Zoned for retail use
Excellent access to Coral Gables, Coconut Grove, and Brickell/Downtown
Divisible into two separate units (approximately 1,400 sq ft each) with separate entrances and FPL meters
High walk score (84) indicating a very walkable location

We can help!

Listing Contact

Miguel Solis PA

Learn more

For Sale

$1,399,999

Retail space on Calle Ocho, suitable for owner-user or investor.

Type:Commercial

Property size:

3,000 SF

Price / SF:

$466/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:07 pm

Property Features for 2151 SW 8th St

General Information

Standard status: Active
Size: 3,000 SF
Property subtype: Commercial

Building Details

Year Built: 1947

We can help!

Listing Contact

Miguel Solis PA

Listing agent Miguel Solis PA

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Miguel Solis PA

HighLights

Prime location on iconic Calle Ocho (SW 8 Street)
3,000 sq ft retail space with flexibility for owner‑user or investor
Zoned for retail use
Excellent access to Coral Gables, Coconut Grove, and Brickell/Downtown
Divisible into two separate units (approximately 1,400 sq ft each) with separate entrances and FPL meters
High walk score (84) indicating a very walkable location

Overview

Located on Calle Ocho (SW 8 Street), this retail space offers a commercial opportunity in a vibrant Miami district. The property encompasses approximately 3,000 square feet and is zoned for retail use. Currently, the space is occupied on a month-to-month lease and utilized for religious purposes, providing flexibility for either an owner-user or investor. The layout includes two private offices and three individual restrooms. The space can be divided into two separate units of approximately 1,400 square feet each, with two separate doors and FPL meters. Its location provides access to Coral Gables, Coconut Grove, and the Brickell/Downtown corridor. The area has a walk score of 84, indicating it is very walkable, a bike score of 55, indicating it is bikeable, and a transit score of 45, indicating some transit options are available.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$155.9k	$51.96
− Vacancy	−$16.1k	−$5.35
EGI	$139.8k	$46.61
− OpEx	−$41.9k	−$13.98
NOI	$97.9k	$32.63

3,000 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.40M

$1.22M – $1.63M (±1% cap)

NOI $97,877 @ 7.0% cap · market cap 6.99%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$2.03M

$1.77M – $2.36M (±1% cap)

NOI $141,751 @ 7.0% cap · market cap 10.13%

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

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Miami
County: Miami-Dade
State: Florida
Longitude: -80.22988
Latitude: 25.76569

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For sale
Retail space
FL
Miami
33135
2151 SW 8th St

What type of property is this?

Retail space - Retail space on Calle Ocho, suitable for owner-user or investor.

Where is this retail space located?

The property is located at 2151 SW 8th St Miami, FL.

What is the asking price?

The asking price for this property is $1,399,999.

What are key features of this property?

This property features: Prime location on iconic Calle Ocho (SW 8 Street); 3,000 sq ft retail space with flexibility for owner‑user or investor; Zoned for retail use