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    3463 8Th St Miami, FL 33135

    For Lease
    $86 SF/Yr

    Prime Calle Ocho location, 1,040 sq ft.

    Lot size:
    1,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,040-square-foot retail space is ideally situated on Miami's vibrant Calle Ocho, directly adjacent to the renowned Versailles Restaurant. Located within the heart of Little Havana, this single-tenant building (APN: 01-41-04-007-0031, Zoning: 6100) presents a unique investment opportunity. The property's strategic position benefits from the area's significant foot traffic, driven by both the high density of local residents and the thousands of daily tourists drawn to the rich cultural environment and bustling atmosphere of Little Havana. The building is well-suited for a variety of retail uses, including but not limited to restaurants, nightlife venues, shops, and smoke shops. Its location on one of Calle Ocho's most dynamic stretches, amidst a surge of new restaurants, bars, and nightlife establishments, ensures high visibility and accessibility. Furthermore, the area boasts excellent public transportation, proximity to major neighborhoods and employment centers, and strong walkability. This property offers a compelling blend of prime location, high foot traffic, and diverse potential uses, making it an attractive investment in a thriving Miami neighborhood. The total building suites are one.

    Property Features for 3463 8Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,040 SF

    Unit(s) available at that property

    Space
    Size
    1,040 SF
    Rate per SF
    $86
    Property Profile Location Intelligence

    Current Use by Public Records

    Luis Barber Shop Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm 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
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2517464
    Latitude
    25.7649536

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    FAQs

    What type of property is this?
    Retail property - Prime Calle Ocho location, 1,040 sq ft.
    Where is this retail property located?
    The property is located at 3463 8Th St Miami, FL.
    What is the lease rate?
    The lease rate is $86 SF/Yr.
    Request Owner's contact information
    3463 8Th St Miami, FL 33135
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    Miami, FL 33135
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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
    3463 8Th St Miami, FL 33135
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