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    5539 8Th St Coral Gables, FL 33134

    Sponsored
    For Sale
    $5,300,000

    9,230 SF Office, Fully Remodeled, Prime Location

    Property size:
    9,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Coral Gables office building presents a unique investment opportunity. Located at 5539 SW 8th Street, this two-story, 9,230 square foot property is offered for sale at $5,300,000 ($574.21/SF). The building, constructed in 1985 and boasting a Class B rating, has undergone extensive renovations, including new flooring, lighting, and fresh paint. Each floor offers 4,615 square feet of versatile space, suitable for traditional, medical, or creative office uses. The property features reinforced concrete construction and ample parking with 20 spaces (12 covered, 8 surface), providing a parking ratio of 2.17 per 1,000 square feet. Situated on a 0.18-acre lot zoned T6-O, the building benefits from high visibility on SW 8th Street, with daily traffic counts exceeding 42,865 vehicles. Currently vacant, this multi-tenant building offers a gross lease structure and presents a strong potential for immediate income generation. The walkability score is 72, and the transit score is 41. This is a rare opportunity to acquire a fully renovated, well-located office building in the desirable Coral Gables market. The property is for sale by owner.

    Property Features for 5539 8Th St

    General Information

    Property type
    Office space
    Square Feet
    9,230 SF
    Class
    B
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1985
    Buildings
    1
    Stories
    2

    HighLights

    • Three‑star office building.
    • Suburban location.
    • Typical floor plate: 4,615 square feet.
    • Reinforced concrete construction.
    • Walk Score of 72.
    • Transit Score of 41.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.28468729
    Latitude
    25.76374522

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    FAQs

    What type of property is this?
    Office space - 9,230 SF Office, Fully Remodeled, Prime Location
    Where is this office space located?
    The property is located at 5539 8Th St Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: Three-star office building.; Suburban location.; Typical floor plate: 4,615 square feet.
    Request Owner's contact information
    5539 8Th St Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5539 8Th St Coral Gables, FL 33134
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