40 SW 8th Ave, Miami, FL 33130 — MLS photo

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40 SW 8th Ave, Miami, FL 33130

Active · Retail

$2,225,000

40 SW 8th Ave, Miami, FL 33130

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1972
Lot size
5,000 sq ft
HOA fee
—
Annual tax
—

About this property

2 COMMERCIAL STORES TOTAL 1800 SQFT BUILDING, PARKING IN REAR, 40 YEAR CERTIFICATION CLEAR,ONE STORE IS CURRENTLY OCCUPIED BY A BARBER SHOP ON A 1 YEAR LEASE. SECOND STORE IS CURRENTLY VACANT. GREAT LOCATION, HEAVY TRAFFIC AND VISIBILITY. MINUTES FROM DOWNTOWN BRIDGE. DONOT VISIT WITHOUT AN APPOINTMENT.

Property location

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40 SW 8th Ave, Miami, FL 33130

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1972
Lot size
5,000 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11876485
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,354

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$10,548/mo
Down payment
$556,250
Loan amount
$1,668,750
Annual NOI
$74,320

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.