Mixed-Use Building with
8201 Biscayne Boulevard Miami, FL 33138
8201 Biscayne Boulevard, Miami, FL, 33138
$4,000,000
For Sale
$4,000,000
Ground-floor retail/restaurant with four second-floor one-bedroom apartments in a 5,333-square-foot building.
Property Size5,333 SF
Price / SF$750.05
Days on Market44
Property Features for 8201 Biscayne Boulevard
General Information
- Standard status
- Active
- Size
- 5,333 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agency
THE KEYES COMPANY
(305) 321-0456
Listed by
SANDRA VICTORIA PAYNE · License #A11951742
Source
Corcoran
Added: Jun 9 Updated: Jul 21 at 8:06AM Checked: Jul 21 at 8:06AM
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.
PJ Commercial presents 8201-8207 Biscayne Boulevard, a 5,333-square-foot mixed-use building offered for sale in Miami, FL. The property is configured with ground-floor retail/restaurant space and four one-bedroom apartments located on the second floor, providing income-producing residential units above commercial space.
The building is situated on Biscayne Boulevard, a major thoroughfare, offering visibility to passing traffic. Zoning listed for the property is T6-8-O, which may support a range of potential uses for a prospective owner.
For buyers seeking a mixed-use asset that combines street-level commercial space with multiple residential units, this property offers an income-generating layout and a zoning designation intended to allow flexibility in use.
The building is situated on Biscayne Boulevard, a major thoroughfare, offering visibility to passing traffic. Zoning listed for the property is T6-8-O, which may support a range of potential uses for a prospective owner.
For buyers seeking a mixed-use asset that combines street-level commercial space with multiple residential units, this property offers an income-generating layout and a zoning designation intended to allow flexibility in use.
Key Highlights
- 5,333‑square‑foot mixed‑use building built in 1955 on Biscayne Blvd
- Ground‑floor retail/restaurant plus four second‑floor 1‑bedroom apartments
- Second‑floor unit layout includes four one‑bedroom apartments
Local 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
Multifamily LT 5
$1.53M
$1.34M – $1.78M
NOI $106,956 @ 7.0% cap · market cap 2.67%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Ground-floor retail/restaurant with four second-floor one-bedroom apartments in a 5,333-square-foot building.
Where is this quadplex located?
The property is located at 8201 Biscayne Boulevard 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: 5,333‑square‑foot mixed‑use building built in 1955 on Biscayne Blvd; Ground‑floor retail/restaurant plus four second‑floor 1‑bedroom apartments; Second‑floor unit layout includes four one‑bedroom apartments
