Open Sun
$17,470,000
5.6% cap · 19,390 sq ft RBA · Class B
5426 SW 8th St
Miami, FL 33137
Listed 5 weeks ago$901/sq ft
01 / 08
NewComing SoonOffice
$15,205,000
5876 SW 8th St
Little Havana · Miami, FL 33125
$373/sq ft2 days on market230 views10 saves
Key facts
- Interior
- 40,730 sq ft
- Lot
- 1.40 acres
- Year built
- 1972
- Property type
- Office
- Price / sq ft
- $373/sq ft
- Annual taxes
- $158,130
- Days on market
- 2
Getting around
Walk Score81
Very Walkable
Transit Score56
Good Transit
Bike Score75
Very Bikeable
About this property
4 tenants, 40,730 rentable square feet, and a Full Service structure that keeps the operating burden where it belongs. The improvements include conference center, freight elevator and bike room & showers. A rare basis in Little Havana at this quality tier.
Investment summary
Investment summary
Cap rate
6.70%
Net operating income ÷ price
Net operating income
$1,018,735
Annual, after operating expenses
Cash-on-cash
+3.0%
$136,289 annual cash flow on $4,561,500 equity
Occupancy91%
37,064 sq ft leased of 40,730 sq ft
- Tenants
- 4
- Rentable area
- 40,730 sq ft
- Price / sq ft
- $373/sq ft
- WALE
- 6.7 yrs
- Lease type
- Full Service
- Building class
- Class B
- Zoning
- MU-4
- Parking
- 94 spaces
Cash-on-cash assumes 30% equity, a 6.75% fixed rate and 25-year amortisation — $882,446 of annual debt service. Illustrative only; underwrite with the actual rent roll and operating statements.
Features & amenities
Features & finishes
Interior
- Bike Room & Showers
Systems & Efficiency
- Sprinkler System
Parking & Access
- Freight Elevator
Highlights
- Conference Center
- Fiber Connectivity
- Below-Market Rents
- Recent Capital Improvements
- Opportunity Zone
- 24/7 Card Access
Price history
Every listing event recorded for this property.
- Listed
- Price raise
- Sold
| Date | Event | Price |
|---|---|---|
| 2020-02-03 | Sold | $11,016,000 |
| 2026-07-23 | Listed | $14,674,000 |
| 2026-07-24 | Price raise | $15,205,000 |
Location
Little Havana, Miami — Miami-Dade County
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Approximate location · Little Havana
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Estimated monthly
$93,699/mo
- Principal & interest81%$76,087
- Property tax14%$13,178
- Home insurance5%$4,435
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 $12,164,000 · 30 yr · 6.40%
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