Corner Retail
New
For Sale
Contact for pricing
6471-6471 Sw 8th St, Miami, FL 33144
The space features impact-resistant windows, natural light, and parking behind the plaza.
Property Size600 SF
Price / SF$4.33
Days on Market4
Property Features for 6471-6471 Sw 8th St
General Information
Standard status
Active
Size
600 SF
Site & Location
Neighborhood
Flagami
Amenities
impact-resistant windows
great natural light
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Anthony Elias · License #3310828
(786) 547-2583
Source:
Exprealty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:49AM
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 Compass Florida, LLC
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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.
This approximately 600-square-foot retail suite occupies a corner position in a shopping plaza. Impact-resistant windows and natural light are among its physical features, with parking available at the rear of the property.
The address is on SW 8th Street in Miami, also known as Calle Ocho.
The address is on SW 8th Street in Miami, also known as Calle Ocho.
Key Highlights
- Approximately 600 square feet of retail space
- Corner suite within a shopping plaza
- Impact‑resistant windows and natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,575
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,500
$391.5K
Cap Rate 7%
$279,643
$279.6K
Cap Rate 9%
$217,500
$217.5K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$31.2K $51.96/SF
− Vacancy
−$3.2K −$5.35/SF
EGI
$28.0K $46.61/SF
− OpEx
−$8.4K −$13.98/SF
NOI
$19.6K $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%
$391,500
Cap Rate 7%
$279,643
Cap Rate 9%
$217,500
Alternative Uses
Best Use
Retail
$279.6K
$244.7K – $326.3K
NOI $19,575 @ 7.0% cap · market cap 752.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$405.0K
$354.4K – $472.5K
NOI $28,350 @ 7.0% cap · market cap 1,090.38%
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
1,986
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - The space features impact-resistant windows, natural light, and parking behind the plaza.
Where is this retail space located?
The property is located at 6471-6471 Sw 8th St Miami, FL.
What are key features of this property?
This property features: Approximately 600 square feet of retail space; Corner suite within a shopping plaza; Impact‑resistant windows and natural light
