5539 8Th St Coral Gables, FL 33134
- Office buildings
- 5,920 SF
Current Use by Public Records
- Office buildings
Property Details for 5539 8Th St
- Year built
- 1985
- Property size
- 5,920 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Office buildings
- APN
- 01-4106-128-0010
- APU
- 141061280010
Description
This exceptional Coral Gables office building presents a unique investment opportunity. Located at 5539 SW 8th Street, this two-story, 9,230 square foot property is offered for sale at $5,300,000 ($574.21/SF). The building, constructed in 1985 and boasting a Class B rating, has undergone extensive renovations, including new flooring, lighting, and fresh paint. Each floor offers 4,615 square feet of versatile space, suitable for traditional, medical, or creative office uses. The property features reinforced concrete construction and ample parking with 20 spaces (12 covered, 8 surface), providing a parking ratio of 2.17 per 1,000 square feet. Situated on a 0.18-acre lot zoned T6-O, the building benefits from high visibility on SW 8th Street, with daily traffic counts exceeding 42,865 vehicles. Currently vacant, this multi-tenant building offers a gross lease structure and presents a strong potential for immediate income generation. The walkability score is 72, and the transit score is 41. This is a rare opportunity to acquire a fully renovated, well-located office building in the desirable Coral Gables market. The property is for sale by owner.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2847
- Latitude
- 25.7639
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
