471 SW 8 ST, Miami FL 33130
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$4,950,000
454 days
For Sale • 0 BEDS • 0 BATHS • 0 SQFT
Price increase: +$200K / +4.21% (2021/07/26)

Overview

The site is a 14,000 SF nearly square corner lot located in the city of Miami, zoned T6-8-O with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of SW 8 ST & SW 5 AV.

Facts and features

Type:
Commercial Sale
Year Built:
No Data
Heating:
No Data
Cooling:
No Data
Parking:
• Other
Lot:
0.32
Price/sqft:
No Data

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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 ©2021-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: Westside Estate Agency Florida