5430 8th St Coral Gables, FL 33134-2218
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Coral Gables, FLCoral Gables. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.