Glass-Front Retail
4797 SW 8th St, Miami, FL 33134
For Sale
Contact for pricing
The storefront can be configured for as many as four separate occupancies.
Property Size7,589 SF
Price / SF$0.00
Days on Market218
Property Features for 4797 SW 8th St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Year Built
Listing Agency:
Upside Partner, LLC.
Listed By:
Marcos Macias Gonzalez · License FL #3449612
(786) 578-5603
Source:
Propertysmartre
Added: Apr 7
Changed: Nov 8
Last Checked: Nov 10 at 3:19PM
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 Upside Partner, LLC.
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 7,589-square-foot retail property, built in 1957, features floor-to-ceiling glass and a layout that can be divided into as many as four equal units. Available configurations are 1,897 square feet for one unit, 3,794 square feet for two, 5,691 square feet for three, or the full 7,589 square feet across four units.
The property is at 4797 SW 8th St in Miami, with access to Coral Gables and Little Havana. Its location on Calle 8 provides street frontage.
The property is at 4797 SW 8th St in Miami, with access to Coral Gables and Little Havana. Its location on Calle 8 provides street frontage.
Key Highlights
- Built in 1957
- Floor‑to‑ceiling glass windows
- Can be divided into four equal units: 1,897 SF, 3,794 SF, 5,691 SF, or 7,589 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$247,596
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,951,920
$5.0M
Cap Rate 7%
$3,537,086
$3.5M
Cap Rate 9%
$2,751,067
$2.8M
Market Conditions
NOI Build-Up for 7,589 SF
Gross rent
$394.3K $51.96/SF
− Vacancy
−$40.6K −$5.35/SF
EGI
$353.7K $46.61/SF
− OpEx
−$106.1K −$13.98/SF
NOI
$247.6K $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%
$4,951,920
Cap Rate 7%
$3,537,086
Cap Rate 9%
$2,751,067
Alternative Uses
Best Use
Retail
$3.54M
$3.09M – $4.13M
NOI $247,596 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.12M
$4.48M – $5.98M
NOI $358,584 @ 7.0% cap
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
1,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 33134, FL
38,739
Population
18,136
Households
2.1
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
7,450
Density / Sq Mi
$92,009
Median Household Income
$56,392
Median Earnings
$1,818
Median Rent
$660,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami, FL
Properties on Market for Retail space in Miami
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - The storefront can be configured for as many as four separate occupancies.
Where is this retail space located?
The property is located at 4797 SW 8th St Miami, FL.
What are key features of this property?
This property features: Built in 1957; Floor‑to‑ceiling glass windows; Can be divided into four equal units: 1,897 SF, 3,794 SF, 5,691 SF, or 7,589 SF
