Single-Story Flex
For Sale
$1,255,000
3219 SW 8th Street, Miami, FL 33135
Street-facing property with onsite parking supports warehouse, service, retail, and distribution uses.
Property Size1,822 SF
Price / SF$688.80
Days on Market115
Property Features for 3219 SW 8th Street
General Information
Standard status
Active
Size
1,822 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
1,822 SF
Year Built
1937
Buildings
1
Stories
1
Listing Agency:
Carcamo Realty Group
(305) 713-0417
Listed By:
Melany Carcamo · License #3113767
(305) 713-0417
Source:
Silverleafrealtygroup
Added: Apr 14
Changed: Aug 2
Last Checked: Aug 6 at 4:23AM
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 Carcamo Realty Group
Investment Insights
Based on property information with market context.
This 1-story flex property contains 1,822 square feet of building area and was constructed in 1937. The building includes onsite parking and a street-facing position along SW 8th Street, also identified as Calle Ocho and SR 90.
The property is located in Miami with access to the urban core, major arterials, and surrounding neighborhoods. Its documented use profile accommodates warehouse, storage, contractor support, auto and service operations, retail, and last-mile urban distribution. The compact building format and central setting provide a range of commercial applications within an established urban corridor.
The property is located in Miami with access to the urban core, major arterials, and surrounding neighborhoods. Its documented use profile accommodates warehouse, storage, contractor support, auto and service operations, retail, and last-mile urban distribution. The compact building format and central setting provide a range of commercial applications within an established urban corridor.
Key Highlights
- 1,822‑square‑foot 1‑story flex building
- Constructed in 1937
- Onsite parking included
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.7k | $51.96 |
| − Vacancy | −$9.8k | −$5.35 |
| EGI | $84.9k | $46.61 |
| − OpEx | −$25.5k | −$13.98 |
| NOI | $59.4k | $32.63 |
1,822 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$849.2K
$743.1K – $990.7K
NOI $59,444 @ 7.0% cap · market cap 4.74%
Second Best
Warehouse
$424.6K
$371.5K – $495.4K
NOI $29,723 @ 7.0% cap · market cap 2.37%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.43M
NOI $86,090 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,660
Businesses Nearby
Under-served
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 Industrial in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- francisco is cooking for you — 1601 SW 27th Ave, Miami, FL 33145
- Euro Table / Sachas cafe office catering — 119 Madeira Ave, Coral Gables, FL 33134
Frequently Asked Questions
What type of property is this?
Flex space - Street-facing property with onsite parking supports warehouse, service, retail, and distribution uses.
Where is this flex space located?
The property is located at 3219 SW 8th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,255,000.
What are key features of this property?
This property features: 1,822‑square‑foot 1‑story flex building; Constructed in 1937; Onsite parking included
