2742 SW 8th St, Miami FL 33135, MIAMI, FL, 33135
Active366 days on marketListed Aug 13, 2025MLS #A11856831
About this property
The property at a glance
“Iconic Dominican gem at 2742 SW 8th St in Little Havana—Milly’s Restaurant offers a warm, nostalgic ambiance with inviting décor. Recently remodeled and celebrated for authentic Dominican fare—mofongo, sancocho, mondongo, churrasco, and more—praised for bold flavors, generous portions, and friendly service. Operating since 1996 with strong community ties and a 30-year reputation, serving accounts such as LoanDepot Park, home of the Miami Marlins. Generates $800K+ annually with flexible lease terms—an ideal turnkey opportunity in a prime cultural district.”
0
Lot sq ft
1977
Year built
6100
Zoning
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$14,813/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Krystina to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
45,863
Population
$56,704
Median income
44
Median age
3
Avg household
$431,367
Median home value
$1,501/mo
Median rent
4,600
Households w/ kids
Consumer profile
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Recent sales
What actually sold near 2742 SW 8th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$2,900
306 alcazar ave # 205, Coral Gables FL 33134
Sold Jun 16, 2026
$1,025,000
432 NW 12th Ave, Miami FL 33128
Sold Jun 18, 2026
$55
2100 Ponce De Leon Blvd # 600, Coral Gables FL 33134
Sold May 25, 2026
Your team
The pros in your corner
Your agent
Krystina Allen
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 2742 SW 8th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 2742 SW 8th St.
See it in person
Schedule a tour
Live availability from Krystina's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Lifestyle International Realty · Manuel Sanchez. MLS #A11856831.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
Never miss a listing
New MIAMI listings, in your inbox
A daily digest of every new listing in MIAMI — straight from the MLS, hours after it goes live. Unsubscribe anytime.