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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 8Th St Miami, FL 33144

Built 1949
Property ID
Property summary
AI-generated overview

This thriving 1,000 sq ft smoke shop in West Miami, FL, presents a unique investment opportunity. Located on busy SW 8th St, this business boasts a custom build-out, saving significant costs for any prospective owner. The asking price is $125,000, and includes all inventory, shelving, fixtures, and existing licenses. The current lease has approximately 1.5 years remaining, with a renewal option, offering low rent and expenses. The property features two separate back offices/storage spaces and a customer bathroom. The shopping center benefits from high traffic volume, enhanced by its location on SW 8th St and the presence of a successful neighboring Mexican restaurant. This sale is for the business only; no real estate is included. The building was constructed in 1949. This turnkey operation provides immediate income potential and a solid foundation for continued growth. The business is situated in Miami-Dade County, Florida, with a 33144 zip code. This is an exceptional chance to acquire a profitable, established business with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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