Unique Calle Ocho Covered Land Play. Retail complex producing $414,000 in income with excess land still to be rented, on 34,227sf of T68O land. Land by right allows for 117 units, or 234 units if taping into affordable density bonuses or going for hospitality uses, mixed with retail, office, and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana, and other upcoming developments. but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with great transit connectivity.
Property Details
Price:
$12,000,000
MLS #:
A11400681
Status:
Active
Beds:
0
Baths:
0
Address:
1923 SW 8th St
Type:
Single Family
City:
Miami
Listed Date:
Jun 8, 2023
State:
FL
ZIP:
33135
Lot Size:
34,227 sqft / 0.70 acres (approx)
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
1.5%%
Tax Year
2023
Taxes
$31,948
Map
Community
- Address1923 SW 8th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1923 SW 8th St
Miami, FL
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