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Prime Retail/Mix Use Calle Ocho 2268 SW 8th St 8,739 SF 100% Leased Retail Building Miami, FL 33135 $4,180,000 ($478.32/SF) 5.26% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Opportunity to Acquire a Gut Renovated Mixed-Use Building on World Famous Calle Ocho
- 2 Retail Bays Averaging 1,300 Sq Ft Each Featuring Individual Water and Electric Meters
- All Units Feature Central A/Cs, Dishwashers, Cathedral Ceilings and Stainless Steel Appliances
- Turnkey Property Structurally and Cosmetically Renovated in 2017
- 6 Completely Renovated Apartment Units
- 40/50 Year Recertification Completed in 2017 (Next Due in 2027)
EXECUTIVE SUMMARY
PROPERTY OVERVIEW
The Porosoff Group at Compass Commercial, as exclusive listing agent, is pleased to offer for sale 2268 SW 8th Street, a mixed-use 2 Retail and 6-unit apartment building located in the highly sought-after Little Havana neighborhood in the City of Miami.
Little Havana
2268 SW 8th Street is located in the Little Havana section of Miami, a short distance to Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled on SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community and walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to high demand for rental units in the area and translates into historically low vacancy rates.
The Porosoff Group at Compass Commercial, as exclusive listing agent, is pleased to offer for sale 2268 SW 8th Street, a mixed-use 2 Retail and 6-unit apartment building located in the highly sought-after Little Havana neighborhood in the City of Miami.
Little Havana
2268 SW 8th Street is located in the Little Havana section of Miami, a short distance to Brickell, the most important financial and commercial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment, and nightlife scene. The property is conveniently nestled on SW 8th Street (Calle Ocho) the cultural epicenter of the Miami Latin Community and walking distance to Flagler Street, one of the most important commercial corridors in Miami-Dade County. The excellent location contributes to high demand for rental units in the area and translates into historically low vacancy rates.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$334,428
|
$38.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$334,428
|
$38.27
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $334,428 |
| Annual Per SF | $38.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $334,428 |
| Annual Per SF | $38.27 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,739 SF
Building Class
B
Year Built/Renovated
1945/2017
Price
$4,180,000
Price Per SF
$478.32
Cap Rate
5.26%
NOI
$219,996
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.84
Lot Size
0.24 AC
Zoning
T6-8-O - T6-8-O
Frontage
AMENITIES
- 24 Hour Access
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Adult Day Care
- -
- -
- -
- Full Service
- Sep 2022
- JS Lux Paitining
- Professional, Scientific, and Technical Services
- -
- -
- -
- Feb 2021
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Adult Day Care | - | - | - | Full Service | Sep 2022 | |
| JS Lux Paitining | Professional, Scientific, and Technical Services | - | - | - | Feb 2021 |
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-4110-014-0160 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $1,210,254 (2025) |
PROPERTY TAXES
Parcel Number
01-4110-014-0160
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,210,254 (2025)
CONTACTS
-
Alessandro Lima -
Javier Ubeda -
Arthur Porosoff -
Porosoff Group - Compass Commercial
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Prime Retail/Mix Use Calle Ocho | 2268 SW 8th St
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