Description
Unique Calle Ocho Covered Land Play. Retail complex producing $414,000 in income with excess land still to be rented, on 34,227sf of T68O land. Land by right allows for 117 units, or 234 units if taping into affordable density bonuses or going for hospitality uses, mixed with retail, office, and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana, and other upcoming developments. but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with great transit connectivity.,
, 3 54 41 W100FT OF E225.2FT OF S170FT OF E1/4 OF SW1/4 OF SE1/4 LESS ST LOT SIZE 100.00 X 135 OR 20381-4835 0502 5
Features
- Building Area Units
Square Feet
- City
Miami
- Contract Status Change Date
2023-06-08 00:00:00
- County Or Parish
Miami-Dade County
- Days On Market
350
- Expiration Date
2024-06-06 00:00:00
- Frontage Length
320
- Gross Scheduled Income
414000
- Latitude
26
- List A O R
A-Miami Association of REALTORS
- List Price
12000000
- Living Area Units
Square Feet
- Longitude
-80
- Lot Size Acres
1
- Lot Size Dimensions
320x100
- Lot Size Square Feet
34227
- Lot Size Units
Square Feet
- Major Change Type
Price Increase
- Mls Status
Active
- On Market Date
2023-06-08 00:00:00
- Original List Price
1200000
- Originating System Name
miamire
- Parcel Number
01-41-03-000-0420
- Postal Code
33135
- Postal Code Plus4
3315
- Previous List Price
1200000
- Property Type
Commercial Land
- Public Survey Range
41
- Public Survey Section
3
- Public Survey Township
41
- Sewer
Other
- Showing Contact Type
Agent
- Showing Instructions
Call Listing Agent
- Standard Status
Active
- State Or Province
FL
- Tax Legal Description
3 54 41 W100FT OF E225.2FT OF S170FT OF E1/4 OF SW1/4 OF SE1/4 LESS ST LOT SIZE 100.00 X 135 OR 20381-4835 0502 5
- Tax Year
2023
- Unparsed Address
1923 SW 8th St
Miami FL 33135
- Utilities
Natural Gas Available
Natural Gas Connected
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/instaview/mia/A11400681
- Zoning
6100
