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Coral Gables Retail Opportunity
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5500 SW 8th St Pharmacy, Coral Gables, FL 33134

Highly visible retail space in a prestigious business district.

Property Size5,583 SF
Lot Size0.33 Acres
Price / SF$0.01
Days on Market168

Property Features for 5500 SW 8th St Pharmacy

General Information

Standard status Active
Size 5,583 SF
Lot size 0.33 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $29,770

Building Details

Building Size 5,583 SF
Year Built 1965
Stories 1
Listing Agency: Cohen & Roth, LLC
Listed By: Reinaldo Delgado · License #3243327
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:43AM

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 Cohen & Roth, LLC

Investment Insights

Based on property information with market context.

This 3,000-sq-ft retail space is located on a corner lot in Coral Gables. The property, currently built out as a pharmacy, is situated in one of South Florida’s most prestigious business districts, known for its carefully curated urban environment that prioritizes quality design and preserves the city’s timeless character. The property is zoned for a variety of retail uses, including banks, beauty parlors, bakeries, bookstores, apparel stores, grocery stores, tailor shops, health clubs, gift shops, pet-care/boarding facilities, and vehicle retail showrooms. The property features a new roof and a visible storefront. The location benefits from a daily traffic count of 40,000. This property is suitable for businesses seeking both versatility and prestige.

Key Highlights

  • High‑visibility corner lot location in prestigious Coral Gables business district.
  • Versatile zoning allows for a wide range of retail uses.
  • High daily traffic count (40,000) ensures excellent exposure.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Law Firm Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,691
Businesses Nearby

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible retail space in a prestigious business district.
Where is this retail space located?
The property is located at 5500 SW 8th St Pharmacy Coral Gables, FL.
What are key features of this property?
This property features: High‑visibility corner lot location in prestigious Coral Gables business district.; Versatile zoning allows for a wide range of retail uses.; High daily traffic count (40,000) ensures excellent exposure.
More about this property
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