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Calle Ocho Multifamily and Retail
Miami, FL Little Havana

$7,800,000 USD

Portfolio For Sale  •  22,487 SF

4 Properties View all

Property Details

• Property Type Unknown
• Cap Rate 5.21 %

51 Transit Score

96 Walk Score

Highlights

Rare opportunity to acquire 4 retail + 23 apartments units on World Famous Calle Ocho (SW 8th Street)

In-place Net Operating Income of $406,000 with significant upside in rental income

100% occupied

23 parking spaces (1 per unit) and on-site laundry facility

27,300 sq ft of land with liberal zoning T-6 and T-5 - 67 apartment units plus ground floor retail buildable as-of-right

40/50 Year Recertifications completed

Property Flyers

Calle Ocho 23 Multifamily Units and 4 Retail - Javier Ubeda - 305-766-1864

Financial Summary (Actual)

Net Operating Income: $406,358 USD (2024)

Cap Rate:

5.21 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Brickell (Metrorail) (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	4 min	-	1.5 mi
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	5 min	-	1.9 mi
Airport	Drive	Walk	Distance
Miami International	22 min	-	10.7 mi
Fort Lauderdale/Hollywood International	36 min	-	24.1 mi