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1731 SW 8th St, Miami FL 33135

Commercial For Sale
$8,000,000

BTC: 120.30075188

ETH: 4,204.68401800

23 days
0 room(s)

Overview

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.

Location

Florida • Miami • 33135 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.69 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,999,999
$1.4M – $10.2M
Confidence Low
List vs. estimate
$6.0M above estimate
List $8,000,000 · +300.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Lot

    • Lot: 0.69 Acres

    Other Property Information

    • Parcel Number: 01-41-03-026-0321

    • Zoning: T6-8-O

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Natural Gas Connected

    • Other Utilities Available

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Other

  • Source details

    • MLS ID: A12044492

    Other facts

    • Lot Features: City Location / Inside Lot / Irregular Lot / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 100x300

    • Subdivision Name: LAWNVIEW

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33135
170
median $1.2M
Active
Same city
Miami
12,258
median $637K
Active
Same type
Commercial
1,199
median $1.2M
Active
Similar price
$5.6M – $10.4M
352
median $7.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc