Land For Sale

CALLE OCHO / WEST BRICKELL HIGH DENSITY LAND

471 SW 8 ST Miami, FL 33130
Price:
$4,750,000.00
Price/SF :
$339.29
Property Type:
Land
Property Use Type:
Vacant/Owner User
Lot Size:
14,000 SF

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. All of these 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. SW 8 ST benefits from high density foot traffic and is one of the main vehicular arteries to Brickell, Downtown, Coral Gables and access to I-95. The space is within walking distance of Mary Brickell Village, the new Brickell City Centre and much more as development growth spreads from the East and West of the property.

CLICK HERE to access building plans, zoning letter, survey and zoning code.

Map for 471 SW 8 ST Miami, FL 33130 ( County)

Click here for directions

*All representations made by broker are not guaranteed and should be verified by prospective buyer/tenant.*