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Property profile & analytics
OFF-MARKET
Retail residential properties

6045 8th St West Miami, FL 33144-5039

1,590 SF 0.18 ac lot Built 1945
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US18-0362093
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space is located at 6045 SW 8th Street in West Miami's vibrant Calle Ocho district. Situated on a 0.185-acre lot (8,050 square feet), this Class B property boasts high visibility and foot traffic. Built in 1945 and renovated in 2017, the two-story building features a total of 7,438 square feet across two buildings, with six parking spaces available. The suite is ideally suited for a variety of uses, including medical, office, or retail, and previously operated as a spa, featuring a reception/waiting area, three treatment rooms, an office, and a restroom. The property's zoning is 6100. This single-tenant space is currently vacant and ready for immediate occupancy. Its prime location on Calle Ocho offers excellent exposure to the area's diverse and bustling community. The property benefits from on-site parking and building signage options. This is a fantastic opportunity for a business seeking high visibility and a strong presence in a thriving commercial area. The owner is motivated to lease.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1945
Construction CONCRETE
Total area 1,590 SF
Lot 0.18 ac (8,050 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 01-4001-010-0360
UPID US18-0362093
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ananda Entities LLC · 10 yrs held
Ananda Entities LLC
since 2016
5 recorded transactions
2016
$720,000
2011
$410,200
2011
$200
2004
$385,000
1969
Price N/A
Zoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · West Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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