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Map
$3,485,193*
●
Commercial -
Off Market
1040-1046 SW 8th St
Miami, FL 33130
Studio
0 Bath
$2,925,000 - $3,575,000
Reference Base Price*
7.24%
Since Mar 1, 2023
FL-Miami
Primary Model
About This Property
Exclusive opportunity to acquire two retail buildings fronting the
commercial corridor of Little Havana or commonly known as
Calle Ocho. The property consists of two commercial buildings
totaling 5,093 SF that sit on 9,950 SF of T 6-8-O zoned land. The
mix-use zoning allows for a high-density redevelopment opportunity
at the Gateway of Brickell.In recent years the Little Havana
corridor has emerged as an entertainment and commercial hub for
successful businesses such as Ball and Chain, Azucar, La Trova,
Lung Yai Tapas, and El Santa amongst others.1040 SW 8th Street is
strategically located in the heart of Miami with proximity to the
central business hubs via main thoroughfares such as 17th Ave,
I-95, and, Dolphin Expressway.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,323
HOA Dues
-
Year Built
1976
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | Listed | $3,250,000 | |
| Listed | |||
Property Highlights
1040-1046 SW 8th St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Quadruplex
Stu
-
3,300 ft²
$970/ft²
$3,200,000
Jul 20, 2022
-
$640/mo
Active
Quadruplex
Stu
-
6,205 ft²
$443/ft²
$2,750,000
Feb 11, 2023
-
$1,030/mo
Active
Quadruplex
Stu
-
9,040 ft²
$426/ft²
$3,850,000
Apr 20, 2021
-
$1,858/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/16/2021
|
|
Loft
|
-
|
-
|
$2,000,000
Loft
-
|
-
-
|
-
|
Bryan Demello
Hutchins Real Estate Company, LLC
|
|
10/17/2019
|
|
Studio
|
-
|
-
|
$3,500,000
Studio
-
|
-
-
|
-
|
PINAR Castillo
Finkel Business & Real Estate
|
|
01/29/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Enrique Soto
Optimar International Realty
|
Building Info
1040 Southwest 8th Street
1040 Southwest 8th Street, Miami, FL 33130
- 1 Unit for Sale
