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8748 8th St 5 Miami, FL 33174-3201

OFF-MARKET Retail space Google Maps
971 SF Built 1974
Entity Owned ~ Est. High Equity
Estimated value (blended)
$235k
Range $212k – $259k (±10%)
Property ID US18-2999203

Property summary

AI-generated overview

This exceptional single-tenant office space, located at 8748 SW 8 ST #5 in Miami, Florida, 33174, presents a fantastic opportunity for businesses seeking a prime location. The property, part of the Tamiami Mall, boasts a total area of approximately 971 square feet, situated within a single-story building. The space is ideal for a variety of uses and is conveniently located in the heart of Westchester. The property features one suite within a single building, identified by APN 30-40-09-030-0050. This is a single-tenant occupancy, offering privacy and control. Prospective tenants should be aware that a two-month security deposit is required, and approval from the Tamiami Mall Condo Association is necessary. The property's convenient location within the vibrant Westchester area offers excellent accessibility and visibility, making it an attractive option for businesses seeking a strategic presence in this thriving Miami neighborhood. The address is easily accessible and benefits from the high traffic flow associated with its location within the Tamiami Mall area. This is a rare opportunity to secure a well-situated office space in a highly desirable location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Total area 971 SF
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 30-4009-030-0050
UPID US18-2999203

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
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
Last sale
$485,000
3 recorded transactions
2025
$485,000
2025
Price N/A
2004
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · 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
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