1923 8th St , for Sale

1923 8th St for Sale

Price $12,000,000.00

• Lot size 34227
• Year Build
• Waterfront
• Zip 33135
• Style
• Parking Description
• Pool Yes
• Status Active

Description

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.

3 54 41 W100FT OF E225.2FT OF S170FT OF E1/4 OF SW1/4 OF SE1/4 LESS ST LOT SIZE 100.00 X 135 OR 20381-4835 0502 5

Central Business District, Less Than 1 Acre

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.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7657422,List Price:12000000,Listing Id:A11400681,Longitude:-80.2270991,Mls Status:Active,Utilities:1:Natural Gas Available,Postal Code:33135,Street Name:8th St,Coordinates:1:25.7657422,Lot Features:1:Less Than 1 Acre,Photos Count:13,Days On Market:406,Lot Size Acres:0.7,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2023-06-08,Parcel Number:01-41-03-000-0420,Property Type:Commercial Land,Street Number:1923,Public Remarks: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.,County Or Parish:Miami-Dade County,Frontage Length:320,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3315,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:31948,Unparsed Address:1923 SW 8th St, Miami FL 33135,Listing Agreement:Exclusive Agency,Building Area Units:Square Feet,Lot Size Dimensions:320x100,Lot Size Square Feet:34227,M I A M I R E_ L P Amt Sq Ft:350.6004,Original List Price:1200000,Previous List Price:1200000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2023-06-08,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:1923,Tax Legal Description:3 54 41 W100FT OF E225.2FT OF S170FT OF E1/4 OF SW1/4 OF SE1/4 LESS ST LOT SIZE 100.00 X 135 OR 20381-4835 0502 5,Gross Scheduled Income:414000,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks: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.,Contract Status Change Date:2023-06-08,Internet Address Display Y N:1,Internet Entire Listing Display Y N:1,