Exterior
hospitalityMotelcommercial
8684 Elm Blvd, Miami, FL 33101
Description
Strategic location near major transportation hubs. Below-market rents provide significant upside potential.
Property Details
Building Size
32,585 SF
Lot Size
86,363 SF
Year Built
1998
Rent Roll
2/4 occupied| Unit | Tenant | Size (SF) | Status |
|---|---|---|---|
| Suite 100 | State Farm | 582 | Occupied |
| Suite 200 | — | 3,628 | Vacant |
| Suite 300 | — | 3,151 | Vacant |
| Suite 400 | Subway | 943 | Occupied |
| Total | 8,304 |
For Sale
VerifiedAsking Price
$12,950,000
Cap Rate
7.3%
Net Operating Income
Pro Forma$945,350
Gross Income$1,323,490
Operating Expenses$378,140
Vacancy Rate6%
Occupancy: 86%
1031 EligibleListed by
Last verified: 7/10/2026