Property profile

2428 8th St Miami, FL 33135

OFF-MARKET
Outlet malls
Property ID
US18-3287412
6,863 SF 0.26 ac lot Built 1944
Entity Owned 17-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 1944
Construction CONCRETE
Total area 6,863 SF
Lot 0.26 ac (11,184 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-4110-016-0020
UPID US18-3287412

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
  • Real Estate Agency
  • Paintings Store

Location

2428 8th St Miami, FL 33135-3004
Miami metro Census 6401 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
$2.15M
Blend (final) Blend
$1.70M

Owner & transaction history

since 2008
6 recorded transactions
2016
Price N/A
2008
$1.1M
2004
$950,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Miami, FL
Top alternative use upside
Office building $2.5M +10.3%

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 2428 8th St?
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