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232 SW 8th St, Miami FL 33130

Commercial For Sale
$12,000,000

BTC: 186.94614284

ETH: 6,806.81134922

33 days
0 room(s)

Overview

PRIME BRICKELL REDEVELOPMENT OPPORTUNITY located directly at the I-95 entrance into Brickell on highly visible SW 8th Street. The property sits on a 7,000 SF lot with T6-24-O URBAN CORE zoning, a designation intended for high density and the greatest variety of uses, offering significant long-term redevelopment potential in one of Miami’s strongest urban markets. Positioned at the gateway into Brickell, the site benefits from approximately 13,500 vehicles per day passing directly in front of the property, creating exceptional visibility, signage exposure, and future branding value. Steps from Brickell City Centre, Metromover, Metrorail, upscale hotels, dining, entertainment, residential towers, and Brickell’s financial core. Currently improved with a stand-alone 3-story commercial/medical office building and 14 on-site parking spaces, the property offers immediate usability, income potential, owner-user flexibility, and future redevelopment upside. Ideal for investors, developers, assemblage buyers, owner-users, or long-term land-bank investors seeking a strategic Brickell location with rare frontage, visibility, and zoning flexibility.

Location

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,370,000
$492K – $5.1M
Confidence Low
List vs. estimate
$10.6M above estimate
List $12,000,000 · +775.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
48 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $570K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$85,838
2025
All facts and features
  • Lot

    • Lot: 1.61 Acres

    Other Property Information

    • Parcel Number: 01-02-05-080-1030

    • Zoning: 6402

  • Type and style

    • Property Type: Commercial Land

    • Property Sub Type: Commercial

  • Utility

    • Cable Connected

    • Electricity Connected

    • Phone Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $85,838

  • Source details

    • MLS ID: A12022657

    Other facts

    • Lot Features: Central Business District / City Location / Urban Area Development / Less Than 1 Acre

    • Window Features: Clear Impact Glass

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x140

    • Subdivision Name: BRICKELL

Private inquiry
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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: Florida Capital Realty