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Michael Linton   |   FL Broker License BK703722   |   39 Years Experience   |  (312) 612-1031

Calle Ocho Retail & Workforce Housing · Miami-Dade County

Little HavanaCommercial Real Estate Broker & Market Guide

Little Havana, just west of Brickell and Downtown, is centered on Calle Ocho (SW 8th Street). Its commercial base is neighborhood retail, small office and some of the densest older apartment stock in Miami.

Marketed by Michael R. Linton, Florida Broker #BK703722 · NCREA · CREIPS · REALTOR® · Serving Little Havana commercial real estate.

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By the numbers · data as of November 7, 2026

Little Havana commercial real estate by the numbers

The 2026 final tax roll lists 1,430 commercial and industrial parcels with 10.2 million square feet of buildings in Little Havana (ZIPs 33125, 33135), with 29 arm’s-length sales on the roll. Median sale prices run $384–$419 per square foot by ZIP.

Commercial and industrial parcels
1,430
2026 final tax roll
Building square feet
10.2M
2026 final tax roll
Arm’s-length sales
29
on the roll sales file, excluding hotels
Median $/SF by ZIP
$384–$419
ZIP medians, 5+ sales
ZIPParcelsBldg SFSalesMedian $/SFMedian year builtOut-of-state ownersBank REO
331256316.2M14$41919583.8%0
331357994.0M15$38419545.1%1

For context, Miami-Dade County as a whole has a median of $373 per square foot on 1,278 sales. Year to date through September 2026, the county median is $378, +3.0% from a year earlier.

Miami-Dade County Market Pulse

Asking-side listing data for every Florida county: inventory, days on market, price cuts and listing prices, from Realtor.com® Economic Research. These are listings, not closed sales.

Data set
  • Miami-DadeCounty · details →
    Active listings
    17,010
    down −7.9% YoY
    Median days on market
    87 days
    Listings with price cuts
    12.9%
    Median listing $/SF
    $458
    Listing price, YoY
    down −1.3%
    Median listing price $589K
    Market condition
    Balanced
    vs. Florida statewide*

    Source: Realtor.com® Economic Research, September 2026.

How these figures are calculated

* Market condition. Market condition compares a county's share of active listings with a price reduction and its median days on market with the Florida statewide figures Realtor.com publishes for the same month. Both above the statewide figure: leaning buyer's market. Both below: leaning seller's market. Anything else, including a tie or one missing metric: balanced. Both metrics missing, or no statewide figure for that month: shown as —. This is a read of asking-side listing data only; it is not months of inventory or a measure of closed sales. Florida statewide, September 2026: 20.1% of listings with a price cut, 81 median days on market. Methodology · Data dictionary

Residential. Realtor.com® Economic Research, monthly. Listing counts, days on market and listing prices come from the monthly history; price-cut share and $/SF are stored for the latest month (September 2026) only. Earlier months show the snapshot for that month, not an average. YoY compares a month with the same month a year earlier; for September 2026 it uses Realtor.com's published YoY figures.

Commercial. Florida Department of Revenue tax roll (NAL/SDF) and Florida Department of State (Sunbiz), via LGData; Linton Global calculations. Commercial (DOR 010-039) and industrial (040-049) parcels. Sales and $/SF = arm's-length single-parcel sales (DOR qualification codes 01-02) on the current roll, excluding hotels/motels (DOR 039, which in resort counties includes condo-hotel and vacation-rental units). Areas with fewer than 5 parcels, and $/SF medians from fewer than 5 sales, are suppressed.

The full Miami-Dade County report

Study mode · 11 flash cards

Little Havana Commercial Real Estate

11 cards from the numbers above. Worked examples are hypothetical.

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This market in numbers

How much commercial property is in Little Havana (ZIPs 33125, 33135)?
The 2026 final tax roll lists 1,430 commercial and industrial parcels with 10.2 million square feet of buildings.
What are median sale prices per square foot in Little Havana (ZIPs 33125, 33135)?
ZIP 33125: $419 on 14 sales; ZIP 33135: $384 on 15 sales. A median mixes property types and ages, so compare the building to similar recorded sales.
How many bank REO transfers appear in the sales data for Little Havana (ZIPs 33125, 33135)?
ZIP 33125: 0, with 14 arm’s-length sales; ZIP 33135: 1, with 15 arm’s-length sales. The count shows what was recorded, not what is for sale today.
Who owns commercial property in Little Havana (ZIPs 33125, 33135)?
ZIP 33125: 74.0% held by entities, 3.8% out-of-state owners; ZIP 33135: 75.5% held by entities, 5.1% out-of-state owners. To reach an owner, you may need an entity’s registered agent or a mailing address outside Florida.
How old are commercial buildings in Little Havana (ZIPs 33125, 33135)?
Median year built: ZIP 33125: 1958; ZIP 33135: 1954. Age alone doesn’t set condition, so check the roof, HVAC and electrical systems and their records.

Work the numbers

What is the average building area per parcel in Little Havana (ZIPs 33125, 33135)?
10.2 million SF ÷ 1,430 parcels ≈ 7,161 SF. An average can hide a few very large buildings.
Hypothetical: a 7,000 SF building in Little Havana priced at the ZIP 33125 median of $419 per SF. What is the price?
7,000 × $419 = $2.93 million. That is arithmetic on a median, not an appraisal or an opinion of value.
Same hypothetical 7,000 SF building, with an assumed 7.5% cap rate. What NOI would $2.93 million need?
$2.93 million × 7.5% = $219,975 a year. The cap rate is an assumption for practice, so check the actual rent roll and expenses.
With $219,975 of NOI, what is the most annual debt service an assumed 1.25 DSCR allows?
$219,975 ÷ 1.25 = $175,980 a year. Lender terms vary, so treat 1.25 as an example.
ZIP 33125 has a median of $419 per SF and ZIP 33135 $384. What is the gap on a 7,000 SF building?
$35 × 7,000 = $245,000. ZIP medians can rest on few sales, so check what actually sold.
About how many industrial parcels are in Little Havana (ZIPs 33125, 33135)?
ZIP 33125: 8.1% of 631 ≈ 51; ZIP 33135: 1.1% of 799 ≈ 9.

Source: Florida Department of Revenue tax roll and Florida Department of State, via LGData; Linton Global calculations. Commercial and industrial parcels; sales are arm’s-length, single-parcel transfers, excluding hotels and motels. Medians from fewer than 5 sales are not shown, and a small sample can swing a ZIP median, so read each one with its sales count. * Fewer than 10 sales.

Live market data · refreshed as each source publishes

Little Havana: key facts for September 2026

  • In September 2026, the median listing price in Miami-Dade County was $589K, down 1.3% from a year earlier, with 17,010 homes for sale (Realtor.com).
  • FHFA’s house price index for Miami-Dade County rose 2.8% in 2025.
  • Investors took out 19.8% of home-purchase mortgages in Miami-Dade County in 2025 (HMDA; cash purchases not included).
  • Miami-Dade County had 1,276,535 jobs (2025 annual average), up 1.5% from the prior year (BLS QCEW).
  • The unemployment rate was 1.9% in September 2026 (BLS, not seasonally adjusted).
  • Permits were issued for 8,775 housing units in January–September 2026, down 19.9% from the same months a year earlier (U.S. Census Bureau).
Open the Miami-Dade County market report →Miami-Dade County data & trendsExplore on the Market Map

ZIP code snapshot for Little Havana

Listing data for September 2026 (Realtor.com) · HUD Fair Market Rent FY2027. *Share of home-purchase mortgages for investment property (2025, HMDA, estimated from census tracts; cash purchases not included). Open any ZIP for its full report.

ZIPAreaMedian list pricevs. last yearHomes for saleHUD 2BR rentInvestor share*
33125Miami$462K+11.5%110$2,470/mo44.8%Report →
33135Miami$851K+17.3%62$2,280/mo45.3%Report →

Sources: Realtor.com® Economic Research, FHFA, U.S. Bureau of Labor Statistics, U.S. Census Bureau. County-level figures; informational only, not an appraisal.

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Little Havana: Market Overview

Calle Ocho is a tourist destination and a working neighborhood main street at the same time, lined with restaurants, small shops and services. Retail here is mostly small, locally owned and close to the street.

Small and mid-size apartment buildings make up much of the housing stock. Many are older and rent to working households, which makes the area a focus for value-add multifamily and workforce housing.

Proximity to Brickell and Downtown has brought redevelopment interest, and the Flagler Street and Calle Ocho corridors see steady small-building trades.

Economic Drivers

Calle Ocho
Tourism and neighborhood retail on SW 8th Street
Older Apartment Stock
Dense small and mid-size multifamily
Proximity to Brickell
Spillover redevelopment interest from the urban core
Small Business
Locally owned retail, restaurants and services

Asset Class Activity in Little Havana

Asset ClassActivityMarket Commentary
MultifamilyStrongOlder small apartment buildings; value-add and workforce housing
RetailStrongSmall-bay main-street retail and restaurants
Mixed UseSelectiveRedevelopment sites along the main corridors

Why Invest in Little Havana?

Little Havana offers small-building deal sizes close to the urban core. Older apartment buildings with deferred maintenance and estate sales are where motivated sellers most often appear.

Frequently Asked Questions

Is Michael R. Linton a licensed commercial real estate broker in Little Havana?

Yes. Michael R. Linton is a Florida-licensed commercial real estate broker (FL Broker #BK703722) with 39 years of transaction experience, serving Little Havana and the broader Miami-Dade County market. He holds NCREA (National Commercial Real Estate Advisor), CREIPS (Certified Real Estate Investment Property Specialist), and REALTOR® credentials, and advises investors, owners, and tenants on multifamily, office, industrial, retail, hospitality, land, mixed-use, medical office, self storage, and special-purpose commercial real estate in Little Havana.

How do I contact a commercial real estate broker in Little Havana?

Contact Michael R. Linton at Linton Global Solutions — (312) 612-1031 or mike@lintonglobal.com — for a free Little Havana commercial real estate consultation. Linton Global Solutions serves Little Havana across all major asset classes and represents both buy-side and sell-side principals, plus 1031 exchange replacement-property sourcing.

Where do distressed and REO commercial properties show up in Little Havana?

Most often in older apartment buildings with deferred maintenance and in small retail buildings sold by estates or lenders. They usually reach the market through lender dispositions, note sales and foreclosure auctions run by the Miami-Dade Clerk, and many trade before they are ever listed.

What kind of commercial property trades in Little Havana?

Mostly small apartment buildings, main-street retail and mixed-use buildings along Calle Ocho and Flagler Street.

Who can help with Little Havana commercial real estate?

Michael R. Linton, Florida Broker #BK703722, and Linton Global Solutions advise on Little Havana acquisitions, dispositions, financing and bank-owned (REO) and distressed commercial property. Our Miami-Dade numbers come from LGData, our database of Florida Department of Revenue tax-roll records.

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