1731 SW 8th ST, Miami, FL 33135
1731 SW 8th ST, Miami, FL 33135
1731 SW 8th ST, Miami, FL 33135
1731 SW 8th ST, Miami, FL 33135
1731 SW 8th ST, Miami, FL 33135
1731 SW 8th ST, Miami, FL 33135
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$ 8,000,000
Est. payment | /mo

0.69 Acres Lot


$ 8,000,000
Est. payment | /mo

0.69 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Lawnview

MLS Listing ID A12044492

HOA Y/N No

Tax Year 2025

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Unimproved Land

Property Description

Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami's fastest-growing urban neighborhoods. Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami's most recognized commercial corridors.The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami's most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market. - Covered land play with immediate cash flow and redevelopment optionality- T6-8-O zoning unlocks high-density development potential on SW 8 ST- Rare two-folio assemblage — difficult to replicate in this infill location

Location

State FL

County Miami-dade

Area 2410

Zoning T6-8-O

Interior

Interior Features InteriorFeatures

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Available

Water Access Desc Public

Present Use Other

Road Frontage Highway, Public Road

Building

Lot Description City Lot, Interior Lot, Irregular Lot

Water Public

Schools

Elementary Schools Shenandoah

Middle Schools Shenandoah

High Schools Miami

Others

Restrictions City Restrictions

Tax ID 0141030260321

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12044492

BeachesMLS, Inc. (FLR) IDX
Listed by Mauricio Villasuso Fausto Commercial Realty Consultants Inc

Nearby Locations

Vinesha Clark

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1731 SW 8th ST