Miami Retail for Sale - Coral Way
Feel the Vibe, Own the Beat — A Rare Calle Ocho Opportunity!
Florida Commercial Property Investment Group of RE/MAX Commercial is the exclusive brokerage representing the seller. We are proud to present this unique opportunity on Calle Ocho. Call or text today to schedule a tour: 954.681.3737, Candy@ccim.net. (Please do not disturb the business or the owner!)
This property is a great purchase for both owner-occupants and investors. It can be delivered vacant or occupied, depending on the buyer's needs. The seller is open to all offers: sell and lease back, or the buyer can begin operations on Day 1. This is a sale of two units with two folios: 1000 & 1008 SW 8th Street. An inspection and appraisal were both completed and passed within the last 12 months, with a newer roof on the 1008 side. Both 1000 and 1008 have their own gated parking.
Situated in one of Miami’s most active, vibrant, and resilient submarkets: 1000–1008 SW 8th Street in Little Havana. This ±8,959 SF corner retail building sits on a 13,050 SF lot with 88 feet of frontage on world-famous Calle Ocho, offering exceptional visibility, strong daily traffic, and a highly recognizable location in a corridor that continues to attract capital, tenants, and redevelopment interest. There is a grandfathered permit for an additional exposure opportunity with a pylon (stick) sign on SW 8th Street, and an existing grease trap is already in place.
This property boasts a highly accessible and desirable location just one mile from Brickell/Downtown, one to two minutes from I-95, and minutes from Wynwood, the Design District, Midtown, Coral Gables, Miami International Airport, and the Port of Miami, placing it at the center of Miami’s strongest demand drivers. The broader trade area continues to expand, supported by population growth, new multifamily and mixed-use development, and an ever-growing customer base for retail, food and beverage, medical, and service uses.
Current zoning allows for high-density, mixed-use development, specifically up to eight stories with a 5.0 Floor Area Ratio (FAR), or higher limits under the Live Local Act. Suitable uses include retail, restaurant/bar/café, office, showroom, gallery, lodging, learning center, school, a variety of medical office uses, and entertainment and recreational businesses such as an indoor pickleball complex.
The area is experiencing a significant wave of primarily housing-led redevelopment, with several projects either recently completed or moving through approvals. The dominant themes are housing and the replacement of older low-rise buildings with denser communities. With new developments continuing to emerge, don’t wait until prices skyrocket after stabilization. Get in now and enjoy the versatility and visibility of this major corridor connecting the heartbeats of Miami.
Notable projects
- Brisas del Sol: a newly opened 146-unit rental apartment development with two buildings, including a 36-unit garden-style building and an eight-story 110-unit building.
- Havana Enclave (315 NW 27th Ave): Developed by The Astor Companies, this project shifted from rental to a 179-unit for-sale condo project targeting "attainable" homeownership. Completion is expected by the end of 2026. https://havanaenclave.com
- Gallery at Marti Park: a newly opened 176-unit community near downtown, with studio through two-bedroom units.
- Gallery at Little Havana: a proposed 12-story, 130-unit fully affordable project at 1275 SW 1st St that would replace two older apartment buildings and add more density under Live Local-style incentives.
- 805 Flagler / Cornerstone-Brookstone: an approved 354-unit rental project at 805 W. Flagler St. with a grocery/pharmacy-sized retail component and a large parking structure, signaling a more urban, mixed-use scale.
These projects point to Little Havana becoming more vertical and transit-oriented, with new apartments concentrated near major corridors and downtown access.
A simple way to picture the trend: older 2- to 3-story walk-ups are being replaced by mid-rise and high-rise buildings that pack in more households while adding amenities and, in some cases, ground-floor retail. With the rising populations and popularity for families moving into Little Havana, there's an increase demand of retail and service businesses. Don't wait to own a piece of paradise with music, history and character in Calle Ocho, Little Havana.
The biggest names shaping Little Havana since 2020 are Related Urban, Astor Companies, NR Investments / Nir Shoshani, and Mabruk USA / Nuri Dorra, with Cornerstone Group and Brookstone also emerging in the pipeline. These players are driving most of the neighborhood’s new housing supply, especially affordable, workforce, and mixed-income projects.
Major builders and backers in the NEW Developments in Little Havana.
1. Related Urban Development Group — behind Brisas del Sol, a $53.3 million, 146-unit rental apartment project in Little Havana, and also active in other mixed-income housing in the area.
2. Astor Companies / Henry Torres — building Havana Enclave, a 179-unit project that started as rentals and is being converted to condos, plus the planned Flagler Enclave in the pipeline. https://havanaenclave.com
3.NR Investments / Nir Shoshani — one of the main beneficiaries of the city’s East Little Havana land-and-subsidy package, tied to workforce and affordable apartment development.
4.Mabruk USA / Nuri Dorra — another recipient of city-backed land for an apartment housing project in East Little Havana.
5. Cornerstone Group + Brookstone — approved for a 354-unit multifamily project at 805 W. Flagler St., adding a larger mixed-use component with retail.
Big apartment project coming to East Little Havana
https://www.miamitodaynews.com/2026/02/04/big-apartment-project-coming-to-east-little-havana/
https://www.miamitodaynews.com/2024/10/08/little-havana-mixed-use-project-has-a-little-art-deco-feel/
Calle Ocho Music Festival is the world’s largest Latin music festival in the nation that takes place annually. Stroll through 15 street blocks of Little Havana filled with musical stages, international food, sampling sites, folkloric dances and entertainment for all families + friends to enjoy.
https://carnavalmiami.com/events/calle-ocho/
