Open-Layout Retail
For Sale
Contact for pricing
2610 SW 8th St, Miami, FL 33135
The unit comes with two designated parking spaces, with visitor and street parking also available.
Property Size1,250 SF
Price / SF$3.20
Days on Market135
Property Features for 2610 SW 8th St
General Information
Standard status
Active
Size
1,250 SF
Total Parking Spaces
2
Property subtype
Retail
Site & Location
Neighborhood
Shenandoah North
Building Details
Building Size
1,250 SF
Year Built
1930
Listing Agency:
Fortune Christie's International Real Estate
Listed By:
The Cofresi Group
Source:
Cofresi
Added: Jun 15
Changed: Oct 26
Last Checked: Oct 26 at 2:54PM
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 Fortune Christie's International Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,250-square-foot retail space at 2610 SW 8th St in Miami has an open interior layout. The building dates to 1930, and street signage is visible from the property.
Two designated parking spaces are included, with additional visitor and street parking. The property has access to major roads and public transportation, and nearby businesses, restaurants, and residential areas form part of the surrounding context.
Two designated parking spaces are included, with additional visitor and street parking. The property has access to major roads and public transportation, and nearby businesses, restaurants, and residential areas form part of the surrounding context.
Key Highlights
- 1,250 square feet of retail space
- Open interior layout
- Two designated parking spaces, plus visitor and street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,782
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,640
$815.6K
Cap Rate 7%
$582,600
$582.6K
Cap Rate 9%
$453,133
$453.1K
Market Conditions
NOI Build-Up for 1,250 SF
Gross rent
$65.0K $51.96/SF
− Vacancy
−$6.7K −$5.35/SF
EGI
$58.3K $46.61/SF
− OpEx
−$17.5K −$13.98/SF
NOI
$40.8K $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%
$815,640
Cap Rate 7%
$582,600
Cap Rate 9%
$453,133
Alternative Uses
Best Use
Retail
$582.6K
$509.8K – $679.7K
NOI $40,782 @ 7.0% cap · market cap 1,019.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$843.8K
$738.3K – $984.4K
NOI $59,063 @ 7.0% cap · market cap 1,476.58%
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
2,837
Businesses Nearby
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
Frequently Asked Questions
What type of property is this?
Retail space - The unit comes with two designated parking spaces, with visitor and street parking also available.
Where is this retail space located?
The property is located at 2610 SW 8th St Miami, FL.
What are key features of this property?
This property features: 1,250 square feet of retail space; Open interior layout; Two designated parking spaces, plus visitor and street parking
