1-Story Flex Industrial
For Sale
$1,575,000
3219 Sw 8th Street MIAMI, Miami, FL 33135
Single-story flex/industrial building with onsite parking and strong street presence on Calle Ocho.
Property Size1,822 SF
Price / SF$864.43
Days on Market106
Property Features for 3219 Sw 8th Street MIAMI
General Information
Standard status
Active
Size
1,822 SF
Zoning
6100
Taxes and HOA fees
Annual Taxes
$14,960
Amenities
1
true
5650
50 x 113
0.13
false
Asphalt
Crawlspace
City Street
1822
Building Details
Building Size
1,822 SF
Year Built
1937
Buildings
1
Stories
1
Listed By:
Kylee Shaw
(904) 569-5862
Source:
Movetojacksonville
Added: Jul 7
Changed: Sep 6
Last Checked: Oct 19 at 2:44PM
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 Kylee Shaw
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Investment Insights
Based on property information with market context.
This offering is a 1-story flex/industrial building with a total building area of 1,822 square feet. The property is positioned for practical use across multiple industrial and urban commercial needs, with flexibility for warehouse, storage, contractor support, auto/service uses, retail, and last-mile urban distribution. Onsite parking supports day-to-day operations and customer or employee access.
The property sits on iconic Calle Ocho (SW 8th St / SR 90), providing direct street presence along a major thoroughfare. The location is described as offering access to the urban core, major arterials, and surrounding neighborhoods, which can be valuable for operators that need convenient reach throughout the area.
For tenants or buyers seeking a compact flex industrial site, this building offers a straightforward footprint for a range of service and distribution-oriented concepts. The combination of a 1-story layout, onsite parking, and visibility on SW 8th St / SR 90 supports operational practicality for storage, service, and neighborhood-oriented retail or distribution activity.
The property sits on iconic Calle Ocho (SW 8th St / SR 90), providing direct street presence along a major thoroughfare. The location is described as offering access to the urban core, major arterials, and surrounding neighborhoods, which can be valuable for operators that need convenient reach throughout the area.
For tenants or buyers seeking a compact flex industrial site, this building offers a straightforward footprint for a range of service and distribution-oriented concepts. The combination of a 1-story layout, onsite parking, and visibility on SW 8th St / SR 90 supports operational practicality for storage, service, and neighborhood-oriented retail or distribution activity.
Key Highlights
- 1‑story flex/industrial building with 1,822 SF total building area
- 0.13‑acre lot (50 x 113) with city street road frontage
- Onsite parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,444
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,188,880
$1.2M
Cap Rate 7%
$849,200
$849.2K
Cap Rate 9%
$660,489
$660.5K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$94.7K $51.96/SF
− Vacancy
−$9.8K −$5.35/SF
EGI
$84.9K $46.61/SF
− OpEx
−$25.5K −$13.98/SF
NOI
$59.4K $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%
$1,188,880
Cap Rate 7%
$849,200
Cap Rate 9%
$660,489
Alternative Uses
Best Use
Retail
$849.2K
$743.1K – $990.7K
NOI $59,444 @ 7.0% cap · market cap 3.77%
Second Best
Warehouse
$424.6K
$371.5K – $495.4K
NOI $29,723 @ 7.0% cap · market cap 1.89%
Theoretical Best
Specialty Retail
$1.23M
$1.08M – $1.43M
NOI $86,090 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
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
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Market
Vacancy Rate% for Industrial in Miami, FL
Similar Off Market Nearby
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- Ludo's Catering — 114 Mendoza Ave APT 32, Coral Gables, FL 33134
- francisco is cooking for you — 1601 SW 27th Ave, Miami, FL 33145
- Anne's a la Mode — 814 Ponce de Leon, Coral Gables, FL 33134
- Green Anthony — 330 sw 27th ave, miami, fl 33135
Frequently Asked Questions
What type of property is this?
Flex space - Single-story flex/industrial building with onsite parking and strong street presence on Calle Ocho.
Where is this flex space located?
The property is located at 3219 Sw 8th Street MIAMI Miami, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 1‑story flex/industrial building with 1,822 SF total building area; 0.13‑acre lot (50 x 113) with city street road frontage; Onsite parking included
