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3800 SW 8th St 3,259 SF Retail Building Coral Gables, FL 33134 $3,527,050 CAD ($1,082.25 CAD/SF)
Investment Highlights
- Proven pricing on the same block.
- Triple-net income in place
- Turn-key restaurant build-out
- Signalized hard-corner visibility.
- Near-term lease maturity (July 2027)
- Irreplaceable Coral Gables location
Executive Summary
3800 SW 8th Street is a freestanding, income-producing corner retail building on the signalized hard corner of US-41 (Calle Ocho) and SW 38th Avenue, the gateway to Coral Gables on a top-traffic South Florida corridor. Built in 1945 and well-maintained, the +/-3,259 SF building sits on a 6,000 SF corner lot with wrap-around frontage, two-street signage, and parking. Home to Caffe Italia on a triple-net (NNN) lease through July 2027, it delivers worry-free income now with near-term upside to mark rent to market, re-tenant, or owner-occupy. Turn-key restaurant build-out: wine-wall dining rooms, full commercial kitchen, walk-in cooler, and marble restrooms. Next door (3808 SW 8th St) sold May 2026 at $765/SF. With 35,000+ vehicles/day and minutes to Miracle Mile, Brickell, and MIA, it pairs stable cash flow with irreplaceable hard-corner real estate.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,259 SF
Building Class
C
Year Built
1945
Price
$3,527,050 CAD
Price Per SF
$1,082.25 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.14 AC
Zoning
CB - Zoned Mixed-Use 3 (5005), the property supports a flexible blend of retail, restaurant, office, and residential uses — ideal for continued commercial.
Parking
9 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
Very walkable
80/100
Somewhat drivable
30/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-4108-009-0290 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $1,010,634 CAD (2025) |
Property Taxes
Parcel Number
03-4108-009-0290
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,010,634 CAD (2025)
Contacts
-
Giovanni Vasquez -
Rosaura Sandoval Guevara -
Andros Sarduy -
Synergy Realty Advisors LLC
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3800 SW 8th St
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