Coming Soon
$15,205,000
6.7% cap · 40,730 sq ft RBA · Class B
5876 SW 8th St
Miami, FL 33125
Listed 2 days ago$373/sq ft
01 / 09
Open Aug 9, 2026For SaleMixed Use
$17,470,000
5426 SW 8th St
Coral Gables · Miami, FL 33137
$901/sq ft33 days on market1.1K views89 saves
Key facts
- Interior
- 19,390 sq ft
- Lot
- 1.28 acres
- Year built
- 1955
- Property type
- Mixed Use
- Price / sq ft
- $901/sq ft
- Annual taxes
- $181,690
- Days on market
- 33
Getting around
Walk Score62
Somewhat Walkable
Transit Score42
Some Transit
Bike Score65
Bikeable
About this property
4 tenants, 19,390 rentable square feet, and a NNN structure that keeps the operating burden where it belongs. Current NOI supports the 5.6% going-in yield with room above it as leases reset. Debt is assumable at a below-market coupon for a qualified buyer.
Investment summary
Investment summary
Cap rate
5.60%
Net operating income ÷ price
Net operating income
$978,320
Annual, after operating expenses
Cash-on-cash
−0.7%
$35,579 annual shortfall on $5,241,000 equity
Occupancy73%
14,155 sq ft leased of 19,390 sq ft
- Tenants
- 4
- Rentable area
- 19,390 sq ft
- Price / sq ft
- $901/sq ft
- WALE
- 2.1 yrs
- Lease type
- NNN
- Building class
- Class B
- Zoning
- VMU
- Parking
- 62 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $1,013,899 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Outdoor
- Roof Deck Amenity
Interior
- Ground-Floor Retail
Parking & Access
- Structured Parking
Highlights
- Monument Signage
- Opportunity Zone
Price history
Every listing event recorded for this property.
- Listed
- Sold
| Date | Event | Price |
|---|---|---|
| 2021-06-08 | Sold | $13,558,000 |
| 2026-06-22 | Listed | $17,470,000 |
Location
Coral Gables, Miami — Miami-Dade County
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Approximate location · Coral Gables
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Estimated monthly
$107,657/mo
- Principal & interest81%$87,421
- Property tax14%$15,141
- Home insurance5%$5,095
An estimate, not a quote. Insurance is seeded at 0.35% of the purchase price and excludes mortgage insurance, which most lenders require below 20% down.
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Loan amount $13,976,000 · 30 yr · 6.40%
