Corner Retail
New
For Sale
Contact for pricing
6471 SW 8th St # 6471, Miami, FL 33144
Impact-resistant windows and rear parking complement a commercial unit within a shopping plaza.
Property Size2,400 SF
Price / SF$1.08
Days on Market4
Property Features for 6471 SW 8th St # 6471
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Site & Location
Neighborhood
Flagami
Amenities
impact-resistant windows
great natural light
Building Details
Building Size
2,400 SF
Year Built
1957
Listing Agency:
Compass Florida, LLC
Listed By:
Anthony Elias · License #3310828
(786) 547-2583
Source:
Allyandaj
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 3:16PM
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 Compass Florida, 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 Miami retail unit occupies a corner position in a shopping plaza. Its features include impact-resistant windows, natural light and parking at the rear of the property. The address is 6471 SW 8th St # 6471, Miami, Florida.
The property was built in 1957 and sits in a commercial corridor with businesses and residential neighborhoods nearby.
The property was built in 1957 and sits in a commercial corridor with businesses and residential neighborhoods nearby.
Key Highlights
- Corner‑positioned unit in a shopping plaza
- Impact‑resistant windows
- Rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,566,040
$1.6M
Cap Rate 7%
$1,118,600
$1.1M
Cap Rate 9%
$870,022
$870.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$124.7K $51.96/SF
− Vacancy
−$12.8K −$5.35/SF
EGI
$111.9K $46.61/SF
− OpEx
−$33.6K −$13.98/SF
NOI
$78.3K $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%
$1,566,040
Cap Rate 7%
$1,118,600
Cap Rate 9%
$870,022
Alternative Uses
Best Use
Retail
$1.12M
$978.8K – $1.31M
NOI $78,302 @ 7.0% cap · market cap 3,011.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,401 @ 7.0% cap · market cap 4,361.58%
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 - Impact-resistant windows and rear parking complement a commercial unit within a shopping plaza.
Where is this retail space located?
The property is located at 6471 SW 8th St # 6471 Miami, FL.
What are key features of this property?
This property features: Corner‑positioned unit in a shopping plaza; Impact‑resistant windows; Rear parking
