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Map
$12,000,000
●
Property -
For Sale
1923 SW 8th St
Miami, FL 33135
Studio
0 Bath
$61,585
Estimated Monthly
$0
HOA / Fees
-0.14%
Cap Rate
About This Property
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.
Unit Size
-
Days on Market
340 days
Land Size
0.70 acres
Price per sqft
-
Property Type
Property
Property Taxes
$2,662
HOA Dues
-
Year Built
-
Listed By
Last updated: 4 months ago (Miami MLS #A11400681)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2023 | Listed by Fausto Commercial Realty Consultants Inc | $12,000,000 | |
| Listed by Fausto Commercial Realty Consultants Inc | |||
| Oct 24, 2018 | Sold to Southwest Llc 900 | $1,635,000 | |
| Sold to Southwest Llc 900 | |||
| Oct 1, 2012 | Sold to R K Florida Investments Llc J | $600,000 | |
| Sold to R K Florida Investments Llc J | |||
Property Highlights
Exterior Details
Building Information
Building Area Units: Square Feet
Lot Information
Lot Features: Central Business District, Less Than 1 Acre
Lot Size Units: Square Feet
Lot Size Acres: 0.7
Lot Size Square Feet: 34227
Lot Size Dimensions: 320x100
Land Information
Water Source: Municipal Water
Financial Details
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 Annual Amount: $31,948
Tax Year: 2023
Parcel Number: 01-41-03-000-0420
Property is Zoned: 6100
Utilities Details
Sewer : Other
Utilities: Natural Gas Connected, Natural Gas Available
Location Details
No Home Owners Association
1923 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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
1923 Southwest 8th Street
1923 Southwest 8th Street, Miami, FL 33135
- 1 Unit for Sale
About Western Miami
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Listed by: Alessandro Lima
Fausto Commercial Realty Consultants Inc
Last Updated: 4 months ago
Data Source: Miami MLS, MLS# A11400681
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Fausto Commercial Realty Consultants Inc
Last Updated: 4 months ago
Data Source: Miami MLS, MLS# A11400681
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
