Property profile

240 8th Ave Miami, FL 33130

OFF-MARKET
Outlet malls
Property ID
US19-0609554
4,900 SF 0.23 ac lot Built 1960
Entity Owned 23-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1960
Construction CONCRETE
Total area 4,900 SF
Lot 0.23 ac (10,000 SF)
Zoning code 3901:KING HTS ORCHARD VI
APN 01-4138-003-4270
UPID US19-0609554

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket
  • Bank Credit Union
  • Restaurant

Location

240 8th Ave Miami, FL 33130-1218
Miami metro Census 5305 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.26M

Owner & transaction history

since 2003
2 recorded transactions
2003
$243,750
1969
Price N/A

Zoning & alternative use

3901:KING HTS ORCHARD VI · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 240 8th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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