Mixed-Use Building on Biscayne
8201 Biscayne Blvd Miami, FL 33138
For Sale
$4,000,000
5,333 SF mixed-use building in prime Miami location.
Property Size5,333 SF
Price / SF$750.05
Days on Market98
Property Features for 8201 Biscayne Blvd
General Information
Standard status
Active
Size
5,333 SF
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
THE KEYES COMPANY
(305) 518-9745
Listed By:
Julio Perdomo · License #A11951742
(305) 518-9745
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 9:00AM
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 THE KEYES COMPANY
Investment Insights
Based on property information with market context.
This 5,333-square-foot mixed-use building is located on Biscayne Boulevard, offering an investment opportunity in a high-visibility area with heavy traffic. The property is situated in close proximity to local culture, making it suitable for urban retail and office space. The building features four one-bedroom apartments on the second floor, with retail/restaurant space on the ground floor. The T6-8-O zoning provides flexibility for a range of potential uses. The area is undergoing urban redevelopment, potentially offering investors stable returns in a dynamic market. The location has a walk score of 53, indicating it is somewhat walkable, a bike score of 46, indicating it is somewhat bikeable, and a transit score of 49, indicating some transit options are available.
Key Highlights
- High‑visibility location on Biscayne Blvd, a major Miami thoroughfare.
- Mixed‑use building with ground‑floor retail/restaurant space and four one‑bedroom apartments.
- T6‑8‑O zoning provides immense flexibility for various uses.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $277.1k | $51.96 |
| − Vacancy | −$28.5k | −$5.35 |
| EGI | $248.6k | $46.61 |
| − OpEx | −$74.6k | −$13.98 |
| NOI | $174.0k | $32.63 |
5,333 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.49M
$2.17M – $2.90M
NOI $173,993 @ 7.0% cap · market cap 4.35%
Second Best
Mixed Use
$1.80M
$1.57M – $2.10M
NOI $125,992 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$3.60M
$3.15M – $4.20M
NOI $251,987 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - 5,333 SF mixed-use building in prime Miami location.
Where is this mixed-use property located?
The property is located at 8201 Biscayne Blvd Miami, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: High‑visibility location on Biscayne Blvd, a major Miami thoroughfare.; Mixed‑use building with ground‑floor retail/restaurant space and four one‑bedroom apartments.; T6‑8‑O zoning provides immense flexibility for various uses.
