$14,500,000
$16,200,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
1.42 Acres Lot
SOLD DATE : 08/29/2025
Key Details
Sold Price $14,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Brickells Riverview
MLS Listing ID A11399867
Sold Date 08/29/25
HOA Y/N No
Annual Tax Amount $159,653
Tax Year 2022
Contingent Other
Lot Size 1.420 Acres
Acres 1.42
Lot Dimensions 400x132
Property Description
PG Capital Realty is pleased to present Calle 8 Assemblage in the heart of Little Havana. The Assemblage measuring 1.42 Acres (61,678 SqFt) of contiguos land. This great Mixed-Use Development Site is Located on major SW 8th corridor and the highly desirable area of Miami (West Brickell area). The land consist of 54,400 SF zoned T6-8 O and 7,278 SF zoned T5-L. This lot has access to 7th Street too. Mixed use for Residential Condo, Retails, Restaurants, banking, Office and others. Opportunity Zone / Tax Benefits to Investors. Land allows for 199 units by right with retails space on ground floor, or 398 units for affordable density, short term rent, or hospitality uses. "Income Producing" NOI $229K/Yr. This sale includes a corner commercial building rented until November 2026.
Location
State FL
County Miami-dade
Community Brickells Riverview
Area 41
Direction SW 8th St & 9 Av in Little Havana.
Exterior
Utilities Available Other
Present Use Other
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 01-41-38-003-2280
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with PG Capital Realty LLC