6315 Sw 8 St, Miami

Usage

Multi-family - 10 units or more

Address:

6315 Sw 8 St
Miami
FL 33144

Property Size:40,466 sq ft
Acreage:0.60
Year Built:2008
Property Class:B3
Latitude:25.764
Longitude:-80.298

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 6315 Sw 8 St

Market Data

In 2013 class A multi-family - 10 units or more properties in Miami sold for $162.03 to 611.82 per sq ft with a median price per sq ft of $225.80. Class B properties sold for $68.67 to 162.02 per sq ft with a median of $99.82 and class C properties sold for $14.29 to 68.66 per sq ft with a median of $60.41.

Market Valuation

6315 Sw 8 St appears to be a B Class property. Suggested value: $4,039,316

HighMedianLow
Value6,556,301 4,039,316 2,778,800

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $2,415,800. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 6315 Sw 8 St. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent30,012
Annual Rent per Sq Ft8.90
Gross Annual Rent360,147
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount54,022
Maintenance21,042
HOA, Utilities and CAM0
Property Taxes64,480
Insurance39,252
Management Fees12,245
NOI169,106
Cap Rate7
Estimated Value2,415,800
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Miami Dade County, Florida
[Property Appraiser]
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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $42,759. The bottom 10% of the population earn less than $13,235 per year. The top 10% earn more than $147,573 per year. The top 1% earn more than $536,049 per year. Most renters earn between $23,844 (20th percentile) and $42,888 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $967. Most renters earn between $1,987 and $3,574 per month. They typically spend 40% of their monthly income on rent. Most rents fall in the $662 (20th percentile) to $1,396 (80th percentile) range. The residential vacancy rate is 5%.

Links

  1. 6315 Sw 8 St, Miami, FL on Google Maps
  2. Miami, FL Property Values on Trulia
  3. Demographic Data for Zipcode 33144 from City-Data.com
  4. Miami Demographics from City-Data.com
  5. Phone numbers and opening hours for businesses in the 33144 Zipcode

Owner Details

Companies near this Address

  1. Iglesia Jesucristo Es La Solucion, Inc. (6265 Sw 8 St)
  2. Centro De Avivamiento Cristiano Miami, Inc. (6265 Sw 8 St)
  3. Ministerio Luz De Las Naciones, Inc. (6265 Sw 8 St)
  4. Mesh Program Services Inc (5199 Nw 15 St)
  5. Moron Pharmacy Corp (6267 Sw 8th St)
  6. Pan Con To & Ice Cream Shop, Inc (6268 Sw 8 Street)
  7. A Helping Hand For The Community, Inc. (6271 Sw 8 St)
  8. Coco Furniture Gallery Ii Corp. (6273 Sw 8th St)
  9. Moron Drug & Discount Corp. (6267 Southwest 8 Street)
  10. Raulito'S Barber Shop Inc (6266 Sw 8th St)
  11. Miami Cafe Restaurant Corporation (6269 Sw 8th St)
  12. Puerto Padre La Villa Azul Restaurant Corp. (6269 Sw 8th St)
  13. Reyes Photo Studio, Inc. (3456 Sw 8th St)
  14. Los Gallegos Restaurant, Inc. (7171-7173 Sw 8th St)
  15. Libreria Impacto, Inc. (7149-55 Sw 8 St)
  16. L.G. Immigration Services, LLC (6262 Sw 8th St)
  17. Robaina Fitness Associates, Inc. (6262 Sw 8th St)
  18. Garsot Corp (6270 Sw 8th St)
  19. First Rate Insurance Agency Incorporated (8508-2 Sw 8 St)
  20. Madel Pharmacy Corporation (7956-58 Sw 8th St)
  21. Dejem Corp. (6455-69 Sw 8th St)
  22. Miami Ambassador Corp. (6290 S W 8 Street)
  23. Farandula Barbershop, Inc (6352 Sw 8th St)
  24. A T Son Corporation (6360 Sw 8 St)
  25. Endless Medical Services Corp. (6350 Sw 8th St)
  26. West Miami Travel & Services, Inc. (6346 Sw 8th St)
  27. Tamiami Cyclery Corporation (6348 Sw 8th St)
  28. Mathebra Corporation (6355 Sw 8th St)
  29. Jesucristo En Prision Mt,25:34-46 Minisrty Inc. (6355 Sw 8th St)
  30. Therapeutic Rehab Center Inc. (6355 Sw 8 St Ste 2e)
  31. Cac Consulting, Inc (6355 Sw 8th St)
  32. Complete Marine Services And Repairs Inc (6355 Sw 8th St)
  33. Crystal Paradise Adult Day Care Inc. (6355 Sw 8 Street)
  34. Kingdom Life Global Ministries Inc. (525 E 17th St)
  35. Gold Hands Billing Corp (6355 Sw 8 St)
  36. The Blue Crystal Palace Inc (6355 Sw 8 St)
  37. Pheenixfyre Productions Inc (6355 Sw 8th St)
  38. A.O. Medical Services And Therapy, Inc. (6355 Sw 8 St Suite 500 E)
  39. Service Tex Corp (650 Sw 63 Ct)
  40. Hybrid Car Solutions Inc (601 Sw 63 Ct)
  41. Salsa & Art Inc. (6255 Sw 8 St)
  42. Fmp Group Corp (6246 Sw 8 Street)
  43. New Jersey Auto Parts Inc. (6251 Sw 8 St)
  44. Dance Masters, Corp. (6262 Sw 8 Street)
  45. Lesag Hair Salon, Inc. (6244 Sw 8th St)
  46. La Chiki LLC (6255 Sw 8th St)
  47. Javier Moreno Enterprises Inc. (6355 Sw 8 St)
  48. Nk Productions, LLC (6254 Sw 8th Street 2nd Floor)
  49. Reytol Eng Services Inc (6365 Sw 8 St)
  50. Ulloa'S Medical Center Inc (6355 Sw 8 St Ste 300)
  51. Saldana Venture Capital, LLC (6268 Sw 8th St)
  52. Royal Palm Salon, Inc. (1400 Colonial Blvd)
  53. Eledtrons, LLC (6355 Sw 8 Street)
  54. Locklear Chiropractic LLC (6355 Sw 8 St Ste 101)
  55. O P Repairs And Services Corporation (6315 Sw 8th St)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.