USD 3,950,000

471 SW 8 ST
Miami, Florida 33130

For Sale

Property Description

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.

Listed by Westside Estate Agency Florida

Property Details

ID #
A10851104
Status
Sale
Type
Commercial, Industrial, Mixed use
Zip Code
33130
Lot Area
13,939ft2
Water Source
City/mains water
Septic
City sewer
Electric Service
Over 200 Amps
Location
Central Business District, City Location, Corner Lot
Miscellaneous
Automobile Traffic
Occupancy
Call Listing Agent
Parking
Other Parking
Road Frontage
City Road, Main Thoroughfare
Road Type
One Way
Type of Building
Hotel/Motel, Residential-Multi-Family
Utilities
Internet
Zoning Information
T6-8-O
Listing content provided by the Miami Association of REALTORS

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