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3800 SW 8th St, Coral Gables FL 33134

Commercial Active With Contract
$2,500,000

BTC: 32.34152652

ETH: 1,020.82482646

25 days
0 room(s)

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1945
Lot:
6000 Square Feet
Heating:
Central Building A/C
Price/sqft:
No Data
Cooling:
Central Building A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,040,000
$595K – $1.7M
Confidence Low
List vs. estimate
$1.5M above estimate
List $2,500,000 · +140.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $722K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
9 spaces
All facts and features
  • Heating

    • Central Building A/C

    Cooling

    • Central Building A/C

  • Lot

    • Lot: 6000 Square Feet

    Other Property Information

    • Parcel Number: 03-41-08-009-0290

    • Zoning: 5005

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant/Entertainment

  • Source details

    • MLS ID: A12058929

    Other facts

    • Water Source: Public

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Synergy Realty Advisors