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115 Southwest 8th Street
Miami, FL 33130
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
22,500 SF | 78% Leased | Immediate Upside <ul><li><strong>In-place income with embedded upside</strong> — 22,529 SF retail condo currently 78% leased generating $1.21M current NOI, with a clear path to $1.79M stabilized NOI (a ~48% lift) upon leasing the vacant 5,011 SF second-floor space.</li><li><strong>Irreplaceable Brickell location</strong> — Situated in the heart of Miami's financial district at the base of the AC/Element Hotel, one of South Florida's densest, highest-barrier-to-entry submarkets and a top destination for global
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547