Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5560 8Th St Coral Gables, FL 33134

    • Retail properties & Spaces
    • 6,716 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5560 8Th St

    Property size
    6,716 SF
    Property type
    Retail properties & Spaces

    Description

    This ±1,000 square foot retail space is situated in a well-maintained, single-story building at 5560 SW 8th Street, Coral Gables, Florida. The building boasts a modern architectural design with high visibility and easy access along the bustling SW 8th Street corridor. This highly desirable location offers excellent foot traffic due to its proximity to a mix of retail, office, and dining establishments. The space itself features an open floor plan, allowing for flexible layout configurations to meet diverse business needs. Large storefront windows provide ample natural light and prominent street visibility. Modern amenities, including updated HVAC systems, ensure a comfortable and efficient workspace. Ample on-site parking is available for both employees and customers. The property's location in prestigious Coral Gables, combined with its proximity to major Miami attractions, presents a unique opportunity for businesses seeking a high-traffic, sought-after location. This move-in ready space is ideal for a variety of retail, office, or service-oriented businesses. The total building size is 6,716 square feet. This listing is for approximately 1,000 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2851
    Latitude
    25.7633

    Comparable in this City

    • Value Estimation by Request

      361 Coral Way

      Retail properties & Spaces
      361 Coral Way, Miami, FL 33134
      View Details
    • Value Estimation by Request
      9,954 SF

      2222 Ponce De Leon Rd

      Retail properties & Spaces • 9,954 SF
      2222 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Meat Restaurant

      Restaurants
      0 Meat Restaurant, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      1,000 SF

      Fast Food Restaurant For Sale In Coral Gables With Low Rent!

      Restaurants • 1,000 SF
      0 Fast Food Restaurant For Sale In Coral Gables With Low Rent!, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request

      Bakery Miracle Mile

      Restaurants
      0 Bakery Miracle Mile, Coral Gables, FL 33134
      View Details
    • Value Estimation by Request
      3,600 SF

      Package Of 3 Subway Franchises For Sale In Miami

      Restaurants • 3,600 SF
      0 Package Of 3 Subway Franchises For Sale In Miami, Coral Gables, FL 33134
      View Details

    Similar Nearby for Sale

    • $100,000

      Luxury Restaurant Business For Lease

      Fully equipped restaurant in Coral Gables' Miracle Mile.
      Miracle Mile- Restaurant For Sale, Miami, FL 33134
      View Details
    • $250,000

      Sandwich Shop and Juice Bakery

      Turnkey sandwich shop and juice bakery business for sale.
      142 Giralda Ave, Coral Gables, FL 33134
      View Details
    • $37,251

      Prime Retail Space on Miracle Mile

      Restaurant/retail space in a high-traffic, desirable location.
      137 Miracle Mile, Coral Gables, FL 33134
      View Details
    • $399,000

      Coral Gables Restaurant - For Sale

      Established BBQ Restaurant, Prime Location
      0 Meat Restaurant, Coral Gables, FL 33134
      View Details
    • $260,000

      Coral Gables Florist Business for Sale

      Thriving Florist in Prime Coral Gables Location
      0 Florist, Coral Gables, FL 33134
      View Details
    • $165,000

      Coral Gables Cafe for Sale

      Profitable Restaurant, Established Business
      0 Cafe In The Beautiful City Of Coral Gables, Coral Gables, FL 33134
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,993 SF

      Flagler Plaza: Miami Office Space

      Prime Miami Office & Retail Space. High Visibility, Ample Parking.
      4800 Flagler St, Miami, FL 33134
      View Details
    • $10 SF/Yr
      1,524 SF

      Miami Retail Space - 1524 sq ft

      High-traffic retail space in prime Miami location.
      5143 8Th St, Miami, FL 33134
      View Details
    • $0.02 SF/Yr
      15,227 SF

      Coral Gables Retail Space For Lease

      Prime Coral Gables location, 15,227 sq ft.
      145 Madeira Ave, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      9,954 SF

      Coral Gables Retail Space for Lease

      Prime Coral Gables location, 3,128 sq ft available.
      2222 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • Contact for pricing
      146,202 SF

      Coral Gables Retail Space Available

      Prime Coral Gables location, multiple suites, ample parking.
      2800 Ponce De Leon Rd, Coral Gables, FL 33134
      View Details
    • $5 SF/Yr
      7,626 SF

      Coral Gables Retail Space for Lease

      Prime Coral Gables location, 1,000 sq ft retail space.
      5560 8Th St, Coral Gables, FL 33134
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5560 8Th St
    Coral Gables, FL 33134
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!