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Property profile & analytics
OFF-MARKET Estimated value $790,000
Retail residential properties

5430 8th St Coral Gables, FL 33134-2218

5,349 SF 0.17 ac lot Built 1946
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-3964861
Property summary
AI-generated overview

This exceptional 5,000-square-foot freestanding retail building presents a unique investment opportunity on Miami's vibrant Calle Ocho. Situated on a substantial 24,000-square-foot lot, the property boasts ample parking with over 35 spaces, ensuring convenient access for customers and employees. The single-tenant building is zoned 5003 and offers significant flexibility for a wide range of uses, including retail stores, medical facilities, laboratories, nightlife venues, and restaurants. Its prime location in the heart of Miami provides unparalleled access to major neighborhoods and employment centers, benefiting from excellent public transportation and high walkability. The area's rich cultural environment and significant tourist foot traffic, coupled with a dense local population, create a dynamic and high-traffic environment ideal for generating substantial customer flow. This property represents a rare chance to establish a thriving business in a thriving, culturally rich, and highly accessible location. The property's APN is 03-41-07-010-0020. This is a single-suite building with significant potential for a variety of businesses. The high volume of daily tourists and residents ensures a consistent stream of potential customers.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1946
Construction CONCRETE
Total area 5,349 SF
Lot 0.17 ac (7,384 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 03-4107-010-0020
UPID US18-3964861
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k
Owner & transaction history
Juan Reinaldo Perez · 4 yrs held
Juan Reinaldo Perez
since 2021
2 recorded transactions
2021
Price N/A
2005
Price N/A
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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