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Freestanding Retail Building For Sale/Lease 4795-4797 SW 8th St 7,589 SF 100% Leased Retail Building Miami, FL 33134 $3,800,000 ($500.72/SF) 7.90% Cap Rate
Investment Highlights
- Well-maintained, freestanding building offering long-term value for an owner-user or investor
- Abundant parking with the opportunity to add more stalls if desired
- Located on a highly visible corner in a densely populated area
- Floor-to-ceiling glass windows along SW 8th Street provide outstanding exposure
- Easily divisible into two or four units
- Direct access to Coral Gables and Little Havana via 8th Street (Calle Ocho)
Executive Summary
Property will be delivered vacant, currently owner-occupied.
Ability to demise the space into 4 separate units.
Proforma 7.9% Cap Rate
Ability to demise the space into 4 separate units.
Proforma 7.9% Cap Rate
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$318,738
|
$42.00
|
| Other Income |
$80,477
|
$10.60
|
| Vacancy Loss |
$19,960
|
$2.63
|
| Effective Gross Income |
$379,255
|
$49.97
|
| Taxes |
$59,584
|
$7.85
|
| Operating Expenses |
$20,893
|
$2.75
|
| Total Expenses |
$80,477
|
$10.60
|
| Net Operating Income |
$298,778
|
$39.37
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $318,738 |
| Annual Per SF | $42.00 |
| Other Income | |
|---|---|
| Annual | $80,477 |
| Annual Per SF | $10.60 |
| Vacancy Loss | |
|---|---|
| Annual | $19,960 |
| Annual Per SF | $2.63 |
| Effective Gross Income | |
|---|---|
| Annual | $379,255 |
| Annual Per SF | $49.97 |
| Taxes | |
|---|---|
| Annual | $59,584 |
| Annual Per SF | $7.85 |
| Operating Expenses | |
|---|---|
| Annual | $20,893 |
| Annual Per SF | $2.75 |
| Total Expenses | |
|---|---|
| Annual | $80,477 |
| Annual Per SF | $10.60 |
| Net Operating Income | |
|---|---|
| Annual | $298,778 |
| Annual Per SF | $39.37 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,589 SF
Building Class
C
Year Built/Renovated
1957/2016
Price
$3,800,000
Price Per SF
$500.72
Cap Rate
7.90%
NOI
$300,200
Percent Leased
100%
Building Height
1 Story
Building FAR
0.63
Lot Size
0.28 AC
Zoning
C-1 - Commercial- Ability to add additional parking
Parking
9 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-4106-041-0220 | Total Assessment | $1,629,000 (2025) |
| Land Assessment | $1,503,875 (2025) | Annual Taxes | $59,584 ($7.85/SF) |
| Improvements Assessment | $125,125 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01-4106-041-0220
Land Assessment
$1,503,875 (2025)
Improvements Assessment
$125,125 (2025)
Total Assessment
$1,629,000 (2025)
Annual Taxes
$59,584 ($7.85/SF)
Tax Year
2026
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Freestanding Retail Building For Sale/Lease | 4795-4797 SW 8th St
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