An exclusive opportunity to purchase a development site with 39,975 SF with zoning permitting up to 150 units per acre to be built, or up to 300 hotel units per acre or mixed use. Zoned T6-8 Open, T3 Open, with a potential to request the T3 to rezone to T4 or T6 per the City of Miami. The development site currently nets approximately $288,000 annually. This prime corner lot has 143 ft of frontage on SW 8th St with daily traffic of 22,500 vehicles per day. Located in Little Havana in a Central Business District, 2 miles from Coconut Grove, 3 miles from Coral Gables, 3 miles from Brickell, 2 minutes from Miami Dade College (Padron Campus) and 10 minutes from the MIA Airport. Sale includes 4 folios.
Courtesy of: Brown Harris Stevens MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 21st October, 2021 4:13 PM