Commercial Sale · Special Purpose
218 NW 8th St, Miami FL 33136, MIAMI, FL, 33136
Active146 days on marketListed Mar 19, 2026MLS #A11985976
About this property
The property at a glance
Unique opportunity to lease a Spa, Hair & Nail Studio at prestigious Arte Grand Central. The space includes 2 Massage Therapy Rooms, Hair Salon with 2 chairs and Nail Studio with access to the Sauna and Waterfall Shower. Private parking to Spa customers, space available to spa advertise in the Building front. Arte Grand Central is a 360-unit, 18 story, luxury living apartment community in the heart of Downtown Miami. The space is fully equipped and elegantly furnished, ready to be open and provide services to the residents as well as outside customers.
1,500
Building sq ft
$0
Price / sq ft
47,528
Lot sq ft
2021
Year built
6110
Zoning
Special Purpose
Property type
The numbers
Investment snapshot
4 To 6 Year Lease
Lease term
Estimated payment (illustrative)
Estimated payment
$160/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. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Frantreshia 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
13,016
Population
$46,100
Median income
35
Median age
2
Avg household
$424,950
Median home value
$1,282/mo
Median rent
1,407
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.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Seeking peace and well-being through meditation, gratitude and spirituality.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 218 NW 8th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$875,000
5176 NW 17th Ave, Miami FL 33142
Sold Feb 11, 2025
$2,000
40 SW 13th St # 7, Miami FL 33130
Sold Mar 28, 2025
$12,000
5811 N MIAMI AVE, Miami FL 33127
Sold Apr 28, 2025
Your team
The pros in your corner
Your agent
Frantreshia Miller
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 218 NW 8th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 218 NW 8th St.
See it in person
Schedule a tour
Live availability from Frantreshia's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Canvas Real Estate · Heriberto Rios. MLS #A11985976.
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®.
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