Automotive Repair Shop with
For Sale
$3,300,000
87 Ave SW 8th St, Miami, FL 33174
Land, Miami, FL
Property Size3,920 SF
Lot Size0.26 Acres
Price / SF$841.84
Days on Market124
Property Features for 87 Ave SW 8th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
6400
Security features
Security
Exterior features
Storm/Security Shutters
Subdivision
IDEAL VILLA HOME TRACT
Lot features
<1 Acre
Standard status
Active
APN
30-40-09-004-0000
Lot size
0.26 Acres
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Business Included
Yes
Additional Details
Automotive Uses
auto repair, tire service
Taxes and HOA fees
Tax Year
2025
Tax Description
IDEAL VILLA HOME TRACT PB 6-188 ALL LOT 5 & WLY 26FT OF LOT 4 BLK 1 LYG S OF TRAIL R/W LOT SIZE 11364 SQ FT OR 10875-208 0480 1
Tax Annual Amount
14625
Legal Description
IDEAL VILLA HOME TRACT PB 6-188 ALL LOT 5 & WLY 26FT OF LOT 4 BLK 1 LYG S OF TRAIL R/W LOT SIZE 11364 SQ FT OR 10875-208 0480 1
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Water source
Public
Building Details
Buildings
1
Listing Agency:
Keller Williams Realty Miami Beach
(305) 695-1112
Listed By:
Vilma Natale · License #3187218
(305) 494-8709
Added: Jun 30
Changed: Oct 30
Last Checked: Oct 31 at 4:06AM
MLS# A12021059
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This automotive property includes a 3,920-square-foot building on 0.2609 acres, together with an operating repair and tire sales business. The sale also includes inventory, tools, equipment, and car lifts. Improvements over time include roof resurfacing, and the property has completed its 40-year certification.
The site fronts SW 8th Street, also known as Calle 8, near 87th Avenue in Miami. The commercial corridor carries more than 50,000 vehicles daily. The property is designated BU-2 for mixed-use residential and retail use. The business has been established for over 45 years.
The site fronts SW 8th Street, also known as Calle 8, near 87th Avenue in Miami. The commercial corridor carries more than 50,000 vehicles daily. The property is designated BU-2 for mixed-use residential and retail use. The business has been established for over 45 years.
Key Highlights
- Automotive repair and tire sales business established for over 45 years
- 3,920‑square‑foot building on 0.2609 acres
- BU‑2 designation for mixed‑use residential and retail use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,893
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,557,860
$2.6M
Cap Rate 7%
$1,827,043
$1.8M
Cap Rate 9%
$1,421,033
$1.4M
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$203.7K $51.96/SF
− Vacancy
−$21.0K −$5.35/SF
EGI
$182.7K $46.61/SF
− OpEx
−$54.8K −$13.98/SF
NOI
$127.9K $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%
$2,557,860
Cap Rate 7%
$1,827,043
Cap Rate 9%
$1,421,033
Alternative Uses
Best Use
Retail
$1.83M
$1.60M – $2.13M
NOI $127,893 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$752.3K
$658.3K – $877.7K
NOI $52,664 @ 7.0% cap · market cap 1.60%
Theoretical Best
Specialty Retail
$2.65M
$2.32M – $3.09M
NOI $185,222 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
16,040
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Miami, FL
Similar Off Market Nearby
- Safety Tech Auto Glass — 19 SE 14th St, Miami, FL 33145
- Safety Tech Auto Glass Miami — 19 se 14th st parking, miami, fl 33145
- Albert tires — Miami, FL 33131
- Al's Auto Care — 1260 Brickell Bay Dr, Miami, FL 33131
- Honest and Affordable Towing Ltd. — 233 SW 12th St, Miami, FL 33130
Frequently Asked Questions
What type of property is this?
Auto shop - The offering combines an established repair and tire business with its building, land, inventory, tools, and car lifts.
Where is this auto shop located?
The property is located at 87 Ave SW 8th St Miami, FL.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Automotive repair and tire sales business established for over 45 years; 3,920‑square‑foot building on 0.2609 acres; BU‑2 designation for mixed‑use residential and retail use
