High-Ceiling Retail
New
For Sale
$1,990,000
8101 Biscayne Blvd C-3, Miami, FL 33138
Renovated interiors and modern finishes support retail, showroom, or office use.
Property Size3,480 SF
Days on Market2
Property Features for 8101 Biscayne Blvd C-3
General Information
Standard status
Active
Size
3,480 SF
Property subtype
Commercial
Site & Location
Neighborhood
Shorecrest
Taxes and HOA fees
Annual Taxes
$18,937
Building Details
Building Size
3,480 SF
Year Built
1968
Listing Agency:
STL Commercial
Listed By:
Alexandros Tsoulfas · License #3444839
(305) 972-7217
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 5:41PM
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 STL Commercial
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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 retail space has been renovated and finished in a contemporary style, with 30-foot ceilings. The property is identified for retail, showroom, or office use within a creative live-work building converted from a former bank.
The space is at 8101 Biscayne Blvd in Miami’s Little River area. The building dates to 1968. Walk Score is 73, Bike Score is 61, and Transit Score is 50.
The space is at 8101 Biscayne Blvd in Miami’s Little River area. The building dates to 1968. Walk Score is 73, Bike Score is 61, and Transit Score is 50.
Key Highlights
- 30‑foot ceilings
- Renovated interior with modern finishes
- Retail, showroom, or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,537
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,740
$2.3M
Cap Rate 7%
$1,621,957
$1.6M
Cap Rate 9%
$1,261,522
$1.3M
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$180.8K $51.96/SF
− Vacancy
−$18.6K −$5.35/SF
EGI
$162.2K $46.61/SF
− OpEx
−$48.7K −$13.98/SF
NOI
$113.5K $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%
$2,270,740
Cap Rate 7%
$1,621,957
Cap Rate 9%
$1,261,522
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.89M
NOI $113,537 @ 7.0% cap · market cap 5.71%
Second Best
Office B
$1.43M
$1.25M – $1.66M
NOI $99,833 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$2.35M
$2.06M – $2.74M
NOI $164,432 @ 7.0% cap · market cap 8.26%
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
2,673
Businesses Nearby
Explore this area
Business Placement
Demographics for 33138, FL
27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Renovated interiors and modern finishes support retail, showroom, or office use.
Where is this retail space located?
The property is located at 8101 Biscayne Blvd C-3 Miami, FL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 30‑foot ceilings; Renovated interior with modern finishes; Retail, showroom, or office use
