6315 Sw 8 St is a 40,466 sq ft Multi-family - 10 units or more in Miami. It was built in 2008. 6315 Sw 8 St sits on 0.60 acres of land. In 2014 similar properties sold for between $3,189,935 and $7,015,186. We estimate the income value of 6315 Sw 8 St at $5,227,843. The assumptions we used to calculate this value are include in the spreadsheet linked below. Miami is in Miami Dade County, Florida.

6315 Sw 8 St Property Summary

6315 Sw 8 St
Miami
FL 33144

Property Size:40,466 sq ft
Acreage:0.60
Year Built:2008
Property Class:B3
Lat, Long: 25.764, -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.

Google Street View  of 6315 Sw 8 St, Miami, FL 33144
Estimated Value: 6315 Sw 8 St

Market Data

In 2014 class A multi-family - 10 units or more properties in Miami sold for $173.37 to 813.69 per sq ft with a median price per sq ft of $264.81. Class B properties sold for $78.83 to 173.36 per sq ft with a median of $117.56 and class C properties sold for $18.10 to 78.82 per sq ft with a median of $72.41.

Market Valuation

6315 Sw 8 St appears to be a B Class property. Suggested value: $4,757,183

HighMedianLow
Value7,015,186 4,757,183 3,189,935

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $5,227,843. 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 Rent50,077
Annual Rent per Sq Ft14.85
Gross Annual Rent600,920
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount90,138
Maintenance21,042
HOA, Utilities and CAM0
Property Taxes64,108
Insurance39,252
Management Fees20,431
NOI365,949
Cap Rate7
Estimated Value5,227,843
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

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 $44,926. The bottom 10% of the population earn less than $12,918 per year. The top 10% earn more than $184,479 per year. The top 1% earn more than $594,594 per year. Most renters earn between $25,140 (20th percentile) and $49,848 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $89,852 and $112,315.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $994. Most renters earn between $2,095 and $4,154 per month. They typically spend 38% of their monthly income on rent. Most rents fall in the $666 (20th percentile) to $1,568 (80th percentile) range. The residential vacancy rate is 5%.

Links

  1. 6315 Sw 8 St, Miami, FL on Google Maps
  2. 6315 Sw 8 St Walkscore
  3. Miami, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies near this Address

  1. C.A.F.E. Colombia: Aid For Education Foundation, Inc. (6254 Sw 8th Street Suite 7)
  2. Robaina Fitness Associates, Inc. (6262 Sw 8th St)
  3. Click Social Inc. (630 Sw 63 Court)
  4. Jpt Bodyshop Inc (6355 Sw 8th St)
  5. Jtg Insurance Agency, Inc (6355 Sw 8th St)
  6. Suangel Medical Center Corp (6355 Sw 8 Street 100)
  7. Jennifer Gonzalez, LLC (6355 Sw 8th St)
  8. Therapeutic Rehab Center Inc. (6355 Sw 8 St Ste 2e)
  9. Jesucristo En Prision Mt,25:34-46 Minisrty Inc. (6355 Sw 8th St)
  10. Bullet Delivery Services Inc (6315 Sw 8th St)
  11. Alhambra Insurance Agency, Inc. (932 Sw 8 St)
  12. Dejem Corp. (6455-69 Sw 8th St)
  13. Maria A. Services, Inc (720 Sw 63 Ave # 209)
  14. General Construction & Remodeling Corp (601 Sw 63 Ave)
  15. New Jersey Auto Parts Inc. (6251 Sw 8 St)
  16. C.L.S.R.M. Medical Center Inc (6267 Sw 8 Street)
  17. Raulito'S Barber Shop Inc (6266 Sw 8th St)
  18. Aj & Dbs Corporation (630 Sw 62 Ct)
  19. Floridian Professional Service Inc (650 Sw 62 Ct)
  20. Country Lake, LLC. (6355 Sw 8 St)
  21. The Blue Crystal Palace Inc (6355 Sw 8 St)
  22. El Ideal Market Corp (6355 Sw 8 St)
  23. Complete Marine Services And Repairs Inc (6355 Sw 8th St)
  24. Crystal Paradise Adult Day Care Inc. (6355 Sw 8 Street)
  25. All Day Water Sport Inc. (6355 Sw 8 Street)
  26. Tran Bao LLC (6354 Sw 8th St)
  27. Sandy Nails Inc (6354 Sw 8th St)
  28. Coco Furniture Gallery Ii Corp. (6273 Sw 8th St)
  29. Puerto Padre La Villa Azul Restaurant Corp. (6269 Sw 8th St)
  30. Mia Contractors, Inc. (6269 Sw 8th St)
  31. Garsot Corp (6270 Sw 8th St)
  32. Libreria Impacto, Inc. (7149-55 Sw 8 St)
  33. Miami Ambassador Corp. (6290 S W 8 Street)
  34. Ljj Inc (601 Sw 63 Ct)
  35. Bug Service Control LLC (720 Sw 63rd Ave)
  36. La Estrella Bakery Cafe Corp (7183-85 Sw 8 St)
  37. First Rate Insurance Agency Incorporated (8508-2 Sw 8 St)
  38. Salsa & Art Inc. (6255 Sw 8 St)
  39. Lesag Hair Profusion, Inc (6244 Sw 8th St)
  40. George John Boutique Salon, LLC (1400 Colonial Blvd)
  41. O P Repairs And Services Corporation (6315 Sw 8th St)
  42. Sutil Jewelry, Inc. (6268 Sw 8th St)
  43. Santiago Cars Corp (6355 Sw 8th St)
  44. La Farandula Nails Corp. (6264 Sw 8 St)
  45. Iglesia Jesucristo Es La Solucion, Inc. (6265 Sw 8 St)
  46. A Helping Hand For The Community, Inc. (6265 Sw 8 St)
  47. Centro De Avivamiento Cristiano Miami, Inc. (6265 Sw 8 St)
  48. Ministerio Luz De Las Naciones, Inc. (6265 Sw 8 St)
  49. Itamar Wallpaper Design, Corp. (6265 Sw 8 St)
  50. Grand Fish Inc (6315 Sw 8th St)
  51. Saudel'S Cars Corp (6355 Sw 8th St Apt 613)
  52. G C Y Services Corp (6355 Sw 8 St)
  53. Gme Transport Corp (6373 Sw 8 St)
  54. Property Renovators International Corp (720 Sw 63 Ave)
  55. Neru Corporation (641 Sw 64 Ave)

Sales History

DateSold BySold ToDeed TypePrice
05/01/2014 Not Recorded Buyer: 9862874 Unknown 100.00
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.