Property profile

232 SW 8Th St ENTIRE Miami, FL 33130

FOR LEASE
Office buildings
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Property ID
US18-4468515
11,287 SF 0.16 ac Built 1972
Last sale Nov 2021·$4,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a stand-alone, three-story commercial/medical office building configured for office and clinic-style operations. It is set up for full-building occupancy, enabling a single operator or tenant team to control the internal layout and use of the premises, subject to applicable approvals. The building is on a 7,000 sq. ft. lot and includes 14 on-site parking spaces. Located on SW 8th Street at the entrance to Brickell, it has street frontage and is positioned for visibility from a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$81k
Tax billed · 2023
Assessed value$4.55M
Assessed land$4.03M
Assessed improvement$520k
Effective rate1.79%

Value estimate

· Nov 2026
$5.28M
$4.75M – $5.80M
AI approach$5.35M
CAP approach$5.32M
Submarket $/SF estimate$5.71M
NOI build-up
Gross scheduled income$155k
Vacancy & credit loss−$12k
Operating expenses−$57k
NOI$86k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$655/SF
ZIP average, outlier-cleaned · 114 recorded sales of this use type
Observed band · Q1–Q3$401 – $1,097

Cap rate analysis

How does the asset earn?
$86k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6402:MIX USE-BORDERS CBD
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.2
Shoe Repair9.4
Nursing Home6.7

Location

232 SW 8Th St, Unit ENTIRE Miami, FL 33130
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
606 Flagler, Miami, FL 33130-1202 $4,808,000 Dec 2025 8,521 SF
268 8th, Miami, FL 33130 $15,500,000 Apr 2025 16,815 SF
66 6th, Miami, FL 33130-3008 $7,000,000 Sep 2022 10,574 SF
120 8th, Miami, FL 33130-3510 $58,000,000 Jun 2022 12,971 SF
965 Flagler, Miami, FL 33130-1139 $148,000 Mar 2020 10,348 SF
108 Miami, Miami, FL 33130-1622 $2,300,000 May 2019 7,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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