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2268 SW 8th St
Miami, FL 33135 Coral Way

$4,180,000 USD

Storefront Retail Residential For Sale  •  8,739 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 8,739 SF
  • Lot Size 0.24 AC
  • Building Class B
  • Year Built 1945
  • Cap Rate 5.26 %
  • Tenancy Multiple
  • Zoning T6-8-O
53 Transit Score
92 Walk Score

Highlights

Rare Opportunity to Acquire a Gut Renovated Mixed-Use Building on World Famous Calle Ocho
Turnkey Property Structurally and Cosmetically Renovated in 2017
2 Retail Bays Averaging 1,300 Sq Ft Each Featuring Individual Water and Electric Meters
6 Completely Renovated Apartment Units
All Units Feature Central A/Cs, Dishwashers, Cathedral Ceilings and Stainless Steel Appliances
40/50 Year Recertification Completed in 2017 (Next Due in 2027)

Property Flyers

Financial Summary

Cap Rate: 5.26 %

Major Tenants

Tenant SF Occupied Lease End Date
Adult Day Care 9/13/2022
JS Lux Paitining 2/11/2021

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min - 2.2 mi
Vizcaya (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 7 min - 3.4 mi
AirportDriveWalkDistance
Miami International 20 min - 9.8 mi
Fort Lauderdale/Hollywood International 37 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Alessandro Lima 305-281-4469 Porosoff Group - Compass Commercial
Alessandro Lima 305-281-4469 Porosoff Group - Compass Commercial