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Prime Retail/Mix Use Calle Ocho 2268 SW 8th St 2,500 SF Vacant Retail Building Miami, FL 33135 $4,180,000 ($1,672/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
|
$133.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$334,428
|
$133.77
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $334,428 |
| Annual Per SF | $133.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $334,428 |
| Annual Per SF | $133.77 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built/Renovated
1945/2017
Price
$4,180,000
Price Per SF
$1,672
Cap Rate
5.26%
NOI
$219,996
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.24 AC
Zoning
T6-8-O - T6-8-O
Frontage
Amenities
- 24 Hour Access
- Security System
- 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 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Excellent opportunity to lease 2,500 SF of medical or professional space directly on SW 8th Street (Calle Ocho) in Miami. The space offers excellent flexibility and can be divided into two approximately 1,250 SF suites, making it ideal for both smaller practices and larger users.
| Space | Size | Space Use | Position | Available |
| 2268 | 1,250-2,500 SF | Retail | - | Now |
2268
| Size |
| 1,250-2,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2268
| Size | 1,250-2,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Excellent opportunity to lease 2,500 SF of medical or professional space directly on SW 8th Street (Calle Ocho) in Miami. The space offers excellent flexibility and can be divided into two approximately 1,250 SF suites, making it ideal for both smaller practices and larger users.
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
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)
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