3385 Pan American Dr

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3385 Pan American Dr

miami, FL 33133
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Situated at 3385 Pan American Drive, this retail opportunity is located in the Coconut Grove neighborhood of Miami. The property sits adjacent to City Hall and the Dinner Key Marina, characterized by a mix of waterfront parks, upscale residential blocks, and dense greenery. The location offers proximity to the Coconut Grove business district, providing access to numerous dining and boutique shopping amenities. Transportation access is supported by the nearby South Dixie Highway corridor and local trolley services connecting to the wider metropolitan area. The site is suited for high-end retail, showroom, or food and beverage operations seeking visibility in a high-income demographic area. Ideal tenants include lifestyle brands, specialty retailers, or fitness concepts that benefit from the heavy pedestrian traffic generated by nearby recreational parks and maritime activities. The asset’s position caters to a profile of local residents, professionals from the nearby office core, and visitors frequenting the marina and historical landmarks.

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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

Location & Travel Times