Financial
Distress signals
Property profile

232 SW 8Th St Miami, FL 33130

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

AI-generated overview

The property consists of a stand-alone three-story commercial/medical office building with 14 on-site parking spaces, located on a 7,000 SF lot. It is situated at the I-95 entrance into Brickell on SW 8th Street with street-level visibility from traffic passing directly in front of the site. The property is within T6-24-O Urban Core zoning, which is intended to allow high-density development and a wide variety of uses, and the site is positioned within walking distance of Brickell City Centre

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 2026
$5.28M
$4.75M – $5.80M
AI approach$5.35M
CAP approach$5.32M
Sales comparison$5.71M
NOI build-up
Gross scheduled income$233k
Vacancy & credit loss−$35k
Operating expenses−$49k
NOI · 1.24% cap applied$148k

Realmo valuation models over county records and 12 qualifying comparable sales.

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
Qualifying comparables12

Cap rate analysis

How does the asset earn?
1.24%
$148k 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 Miami, FL 33130
County assessor Recorded deeds · 10 transfers 12 qualifying comp sales 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 · 12 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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