Retail Space with High
C-3-8101 Biscayne Blvd, Miami, FL 33131
For Sale
Contact for pricing
Renovated interiors and contemporary finishes support retail, showroom, or office use.
Property Size3,480 SF
Price / SF$0.01
Days on Market15
Property Features for C-3-8101 Biscayne Blvd
General Information
Standard status
Size
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Listing Agency:
STL Advisors, LLC
(561) 901-1402
Listed By:
Alexandros Tsoulfas · License FL #3444839
(305) 972-7217
Source:
Exprealty
Added: Oct 29
Changed: Nov 12
Last Checked: Nov 12 at 2:13PM
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 STL Advisors, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 3,480-square-foot retail space has 30-foot ceilings and modern finishes. Recent renovation provides an updated interior for retail, showroom, or office use.
The space is in The Bank building on Biscayne Boulevard in Miami’s Little River area. The property is described as a former bank adapted for creative live-work use.
The space is in The Bank building on Biscayne Boulevard in Miami’s Little River area. The property is described as a former bank adapted for creative live-work use.
Key Highlights
- 3,480‑square‑foot retail space
- 30‑foot ceilings
- Renovated interior with modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,833
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,996,660
$2.0M
Cap Rate 7%
$1,426,186
$1.4M
Cap Rate 9%
$1,109,256
$1.1M
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$156.6K $45.00/SF
− Vacancy
−$23.5K −$6.75/SF
EGI
$133.1K $38.25/SF
− OpEx
−$33.3K −$9.56/SF
NOI
$99.8K $28.69/SF
Area
Miami, FL
Vacancy
15.00%
Lease Rate
$45.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,996,660
Cap Rate 7%
$1,426,186
Cap Rate 9%
$1,109,256
Alternative Uses
Best Use
Retail
$1.62M
$1.42M – $1.89M
NOI $113,537 @ 7.0% cap
Second Best
Office B
$1.43M
$1.25M – $1.66M
NOI $99,833 @ 7.0% cap
Theoretical Best
Specialty Retail
$2.35M
$2.06M – $2.74M
NOI $164,432 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
13,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 33131, FL
26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami, FL
Properties on Market for Retail space in Miami
Vacancy Rate% for Office in Miami, FL
Frequently Asked Questions
What type of property is this?
Retail space - Renovated interiors and contemporary finishes support retail, showroom, or office use.
Where is this retail space located?
The property is located at C-3-8101 Biscayne Blvd Miami, FL.
What are key features of this property?
This property features: 3,480‑square‑foot retail space; 30‑foot ceilings; Renovated interior with modern finishes
