5769-5779 8 ST ,Commercial for Sale & Rent

5769-5779 8 ST for Sale & Rent

Price $2,500,000.00

• Lot size 15000
• Year Build
• Waterfront
• Zip 33144
• Style
• Parking Description
• Pool Yes
• Status Active With Contract

Description

Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.

TAMIAMI CENTER PB 15-51

City Location, Urban Area Development, Less Than 1 Acre, Regular Lot

Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.

City:Miami,Zoning:T6-8-O,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.7637163,List Price:2500000,Listing Id:A11887713,Longitude:-80.2894111,Mls Status:Active With Contract,Utilities:1:Other Utilities Available,2:Other,Current Use:1:Income (Other),Postal Code:33144,Street Name:8 ST,Contingency:Pending Inspections,Coordinates:1:25.7637163,Lot Features:1:Urban Area Development,2:Less Than 1 Acre,3:Regular Lot,Photos Count:10,Possible Use:1:Urban Commercial,Days On Market:7,Lot Size Acres:0.34,Lot Size Units:Square Feet,M I A M I R E_ Area:40,On Market Date:2025-09-30,Parcel Number:01-40-01-009-0190,Property Type:Commercial Land,Street Number:5769-5779,Public Remarks:Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.,County Or Parish:Miami-Dade County,Expiration Date:2026-12-31,Frontage Length:150,List Office Name:The Corcoran Group,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Property Sub Type:Commercial,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:5769-5779 SW 8 ST, Miami FL 33144,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:City/County Maintained,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:150x100,Lot Size Square Feet:15000,M I A M I R E_ L P Amt Sq Ft:166.6667,Original List Price:2500000,Public Survey Range:40,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.,Listing Contract Date:2025-09-30,Originating System I D:miamire,Public Survey Section:1,Showing Instructions:Call Listing Agent,Street Number Numeric:5769,Tax Legal Description:TAMIAMI CENTER PB 15-51,M I A M I R E_ Current Price:2500000,M I A M I R E_ Jurisdiction:City,Public Survey Township:40,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Fee simple Miami site, 2 folios, T6-8-O zoning, income from 3 leases, land value pricing, prime Coral Gables border, major redevelopment upside.,M I A M I R E_ Parcel Number M L X:0000,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.763490637027385$-80.28955654235477$6.21$-6.26$1.00$,Contract Status Change Date:2025-10-07,Internet Address Display Y N:1,M I A M I R E_ Folio Num2nd Parcel:01-40-01-009-0191,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:786-326-3774,M I A M I R E_ Inc Exp Statement Period:0,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:5769-5779 SW 8 ST,