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476 SW 8th St

Miami, FL 33130
  • $2,700,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: A11230644
UPDATED: 140 min ago
$2,700,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1940
County:

School Ratings & Info

Description

The Signature El Gato Corner, is a building on a hard corner fronting the main commercial corridor of historic SW 8th St (Calle Ocho). Positioned between Brickell & Little Havana, this represents a unique opportunity to acquire one of the most prominent corner sites in Little Havana. The building is fully leased to 4 tenants including a Liquor Store, Barber Shop, Church, & Discount Store. An investor can bring rents up to market rents and/or reposition the tenancy & the site has significant redevelopment upside with the ability to add up to 24 residential units or 48 hotel keys with high-performing ground floor retail. Current market rents are averaging $32/SF (NNN) in the immediate surrounding area & rents jump to upwards of $80-100 PSF the closer you are to Brickell Avenue.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-15T23:51:43.413.
www.ewm.com/homes/130402771
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476 SW 8th St Miami, FL 33130

  • Price: $2,700,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 140 min ago
  • MLS #: A11230644
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1940
Built
County:
Miami-Dade
Property Description
The Signature El Gato Corner, is a building on a hard corner fronting the main commercial corridor of historic SW 8th St (Calle Ocho). Positioned between Brickell & Little Havana, this represents a unique opportunity to acquire one of the most prominent corner sites in Little Havana. The building is fully leased to 4 tenants including a Liquor Store, Barber Shop, Church, & Discount Store. An investor can bring rents up to market rents and/or reposition the tenancy & the site has significant redevelopment upside with the ability to add up to 24 residential units or 48 hotel keys with high-performing ground floor retail. Current market rents are averaging $32/SF (NNN) in the immediate surrounding area & rents jump to upwards of $80-100 PSF the closer you are to Brickell Avenue.
Exterior Features

Lot Features Corner Lot Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 7765 Building Features Heavy Traffic Flooring Tile

Property Features

Association YN No Business Type Retail Space Documents Available Aerial Photo(S)PhotosRent Rolls Horse YN No New Construction YN No Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 24091 Zoning T-6-8-O

Listing courtesy of Apex Capital Realty Llc.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-15T23:51:43.413.
 
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