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Mixed-Use Commercial Unit

5798 SW 8th St, West Miami, FL 33144

For Sale
Contact for pricing

Water, electricity, and internet are included, with parking shared on site.

Property Size1,000 SF
Price / SF$2.80
Days on Market349

Property Features for 5798 SW 8th St

General Information

Standard status Active
Size 1,000 SF
Property subtype Mixed Use

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $65,719

Building Details

Building Size 1,000 SF
Year Built 1950
Listing Agency: Julies Realty, LLC
Listed By: Yilena Mendoza · License #3303361
Source: Emporiore
Added: Nov 24, 2025 Changed: Nov 6 Last Checked: Nov 6 at 2:16PM

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 Julies Realty, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The mixed-use commercial unit at 5798 SW 8th St in West Miami offers 1,000 SF of space. Water, electricity, and internet are included, and parking is shared. The building dates to 1950.

Nearby businesses include furniture and appliance stores, lighting showrooms, and beauty studios. The available space is identified for retail, office, studio, showroom, consulting, spa, boutique, agency, or small warehouse uses.

Key Highlights

  • 1,000 SF available in a mixed‑use commercial property
  • Water, electricity, and internet included
  • Shared parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,909
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,180 $338.2K
Cap Rate 7%
$241,557 $241.6K
Cap Rate 9%
$187,878 $187.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.4K $26.40/SF
− Vacancy
−$2.2K −$2.24/SF
EGI
$24.2K $24.16/SF
− OpEx
−$7.2K −$7.25/SF
NOI
$16.9K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,180
Cap Rate 7%
$241,557
Cap Rate 9%
$187,878

Alternative Uses

Best Use
Mixed Use
$246.4K
$215.6K – $287.5K (±1% cap)
NOI $17,250 @ 7.0% cap · market cap 616.07%
Second Best
Retail
$241.6K
$211.4K – $281.8K (±1% cap)
NOI $16,909 @ 7.0% cap · market cap 603.89%
Theoretical Best
Office A
$507.3K
$443.9K – $591.9K (±1% cap)
NOI $35,514 @ 7.0% cap · market cap 1,268.36%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Storage Facility

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,941
Businesses Nearby

Demographics for 33144, FL

25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Miami-Dade County, FL

$548 Jul
$585 Aug
$527 Sep
$528 Oct

Properties on Market for Mixed-use properties in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Water, electricity, and internet are included, with parking shared on site.
Where is this mixed-use property located?
The property is located at 5798 SW 8th St West Miami, FL.
What are key features of this property?
This property features: 1,000 SF available in a mixed‑use commercial property; Water, electricity, and internet included; Shared parking
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