3800 SW 8th Street — Corner Retail on Calle Ocho

The Offering

Property Description

3800 SW 8th Street is a freestanding, income-producing corner retail building commanding the signalized intersection of US-41 (Calle Ocho / Tamiami Trail) and SW 38th Avenue — the gateway to Coral Gables on one of South Florida's highest-traffic commercial corridors.

Built in 1945 and meticulously maintained, the 3,259 SF building sits on a 6,000 SF corner lot with wrap-around frontage, prominent signage on two streets, dedicated parking, and all-day pedestrian and vehicle exposure. It is home to Caffe Italia, an established Italian restaurant on a triple-net (NNN) lease in place through July 2027 — worry-free income today, and a near-term opening to mark rent to market, re-tenant, or take occupancy as an owner-user.

Minutes from Miracle Mile, Little Havana, Brickell, and Miami International Airport, at the gateway to Coral Gables. The market has already spoken on this block: the building next door (3808 SW 8th St) sold in May 2026 at $765 per square foot.

Address3800 SW 8th Street, Coral Gables, FL 33134

Folio03-4108-009-0290

Building / Lot3,259 SF / 6,000 SF

Current LeaseTriple Net (NNN) · rent upon request

Lease TermNNN through July 2027

County Property Taxes±$14,000 / yr (2025 paid: $13,137.88)

SurveyAvailable upon request

Aerial of the hard corner at 3800 SW 8th St

HARD CORNER — SW 8th ST & SW 38th AVE

Aerial view over Calle Ocho toward Coral Gables

THE PARCEL COMMANDS THE CORNER OF US-41

Why This Deal

Investment Highlights

01
PROVEN PRICING — NEXT DOOR
3808 SW 8th St sold May 2026 for $8.8M at $765/SF. The suggested $767/SF here is validated on the same block, this quarter.
02
HARD-CORNER VISIBILITY
Signalized corner on US-41 (Calle Ocho) with wrap-around frontage, exceptional traffic counts, and all-day pedestrian exposure.
03
TRIPLE-NET INCOME IN PLACE
Triple-net income in place from an established restaurant tenant — expenses covered by the tenant, collect from day one.
04
LEASE MATURES JULY 2027
±$21.50/SF NNN in place — below market for signalized US-41 corner retail. Mark to market, re-tenant, or owner-occupy within a year.
05
TURN-KEY RESTAURANT BUILD-OUT
Fully equipped second-generation restaurant with kitchen infrastructure and signage — immediately attractive to owner-operators.

Who Surrounds The Corner

Demographics

Population0.25 MI0.5 MI1 MILE

Total Population2,2959,79935,394

Average Age42.345.944.7

Average Age (Male)45.742.442.5

Average Age (Female)41.748.847.1

Households & Income0.25 MI0.5 MI1 MILE

Total Households1,1444,59514,788

# of Persons per HH2.02.12.4

Average HH Income$89,207$80,886$92,922

Average House Value$348,980$367,545$478,948

Source: 2023 U.S. Census American Community Survey (ACS) · radius map © Google

35,000–42,000 vehicles per day pass the corner on Calle Ocho (US‑41).

0.25 / 0.5 / 1-mile radius map centered on 3800 SW 8th Street

0.25 · 0.5 · 1-MILE RADIUS FROM 3800 SW 8TH STREET

The Property In Pictures

Gallery

Keep scrolling — each image stacks over the last. Professional photography of the turn-key Caffe Italia: the wine-wall dining rooms and private cellar, the full commercial kitchen, marble restrooms, and the signalized Calle Ocho hard corner from the air.