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1888 SW 8th St
Miami, FL 33135 Coral Way

$81,881 USD/MO

Land For Lease  •  0+ SF

Property Details

  • Property Type Land
  • Zoning T6-8-O
52 Transit Score
94 Walk Score

1 Space Available

Name Space Use Size Rent Details
Unkwn Floor Ste - 0.29 AC $3,397,680.00 USD/AC/YR
Little Havana 1888 — 1888 SW 8th St, Miami, FL 33135

Folio: 01-4110-063-2940 | Lot size: 12,597 SF | Zoning (Miami 21): T6-8-O (Urban Core) 
codehub.gridics.com

Offering

For Lease NNN.

For Lease: NNN, long-term (rate negotiable)

Structure: Mainland deals only; price to adjust with terms

Seller financing: Available

JV: Considered

Property Overview

Front-row location on Calle Ocho (SW 8th St) in Little Havana’s retail/cultural corridor—two blocks from Domino Park—with exceptional visibility, transit access, and year-round tourist + local foot traffic.

Transit at your door

MDT Route 8 runs along SW 8th St connecting West Kendall/Westchester to Brickell Metrorail/Metromover; high-frequency local service, 7 days/week. 
Miami-Dade County

City of Miami Free Trolley (Little Havana Route) links Little Havana to Brickell Metrorail/Metromover, cultural sites, and schools; hours: Mon–Sat 6:30 AM–11:00 PM; Sun 8:00 AM–8:00 PM. 
City of Miami

Official Little Havana Trolley Map available (stop coverage along SW 8th/Flagler). 
City of Miami

Zoning Snapshot (T6-8-O)

Miami 21 — Urban Core Zone permits a broad mix of high-intensity uses (residential, lodging, office, retail/restaurant, entertainment, civic) with urban, pedestrian-oriented frontage. Typical standards include multi-story massing set close to the frontage with frequent doors/windows to activate the street. (Refer to Miami 21, Article 4; verify project-specific metrics during due diligence.) 

City of Miami

Heights from your notes:

Min height: 2 stories

Max height: 8 stories

“Benefit height”: 4 stories (program-dependent; confirm via Miami 21 bonuses/administrative procedures for your sub-zone).
(Always confirm FAR/lot coverage, parking ratios, frontage type, and any special overlays with the City’s zoning atlas.) 
map.gridics.com

Right-fit programs to explore (illustrative):

Mixed-use: ground-floor restaurant/retail + 4–8 stories multifamily/extended-stay or office above

Hospitality: boutique hotel/inn leveraging cultural tourism + trolley/Metro connectivity

Medical/office: neighborhood clinic, co-working, or creative office over activated retail

Neighborhood & Demand Drivers (33135)

Population: ~35,053 (ACS 2023 5-yr); density ~16,482/sq mi.

Median household income: $37,757 (ACS 2023). 
Census Reporter

(Good fit for value-oriented F&B and service retail; strong worker/tourist daytime population layers add spending power.)

Market Analysis (Quick Read)
Retail / Restaurant Leasing

Recent Little Havana / W. Flagler asking rents commonly ~$35–$40/SF/YR NNN based on active listings (e.g., $40/SF at 1201–1223 W Flagler; $35/SF nearby garage retail). Use as a range marker for underwriting first-floor retail. 
LoopNet

Wider submarket shows a broad band of retail ask rates (LoopNet aggregate view shows listings from the mid-teens to high-$30s+ depending on inline vs. corner, condition, and co-tenancy). 
LoopNet

Comparable Investment Snapshot (context)

A nearby strip center listing in Little Havana marketed with below-market $~14/SF rents and cap ~6.5% indicates rent-growth potential as older stock resets to corridor averages. (Use only as directional context—property types, condition, and tenancy vary.) 
thedelarosateam.com

Access / Traffic

SW 8th St (US-41) is a principal urban arterial. FDOT Traffic Online provides segment-level AADT—pull the count for the SW 8th @ ~SW 19th Ave segment during due diligence to support signage and drive-by exposure claims. 
tdaappsprod.dot.state.fl.us
gis-fdot.opendata.arcgis.com

Transit & Customer Capture

Route 8 (83 stops end-to-end) funnels riders to Brickell Station, creating reliable footfall for QSR/coffee and daily-needs retail. 
Moovit

Free Trolley lowers friction for visitors and employees (no fare, frequent headways), supports mode-shift away from limited on-site parking, and extends catchment to Brickell, Flagler, Jose Martí/Domino Park. 
City of Miami


Why 1888 SW 8th St Works

Brand-name visibility on Miami’s most storied corridor (Calle Ocho).

Transit-rich, walkable front door (bus + free trolley + quick link to rail). 
Miami-Dade County

Flexible T6-8-O envelope to tailor a single-parcel development: retail/restaurant at grade + residential/office/hospitality above. 
codehub.gridics.com

Process Notes / Next Steps

Confirm parcel-specific metrics in the Miami Zoning Atlas (frontage type, parking ratios, bonuses, any special overlays). 
map.gridics.com

Pull FDOT AADT for the exact segment, and capture Route 8 stop placement + trolley stop map for the OM appendix. 
tdaappsprod.dot.state.fl.us

Refresh rent comps within a 1-mile radius (Calle Ocho & W. Flagler) at LOI stage to price NNN ask by frontage/condition.

Disclaimers

Prepared by Alejandro Farias, Sigma Real Estate & Investments. Information is preliminary and subject to independent verification; agent/representatives make no warranties and assume no liability for errors/omissions or status changes. Consult legal/tax/land-use professionals; rely on updated city records and surveys. Confidential; distribution only for evaluation of this opportunity.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: None
  • Space Type: Relet

Description

Development Potential

Given the strategic location on SW 8th St, there are several attractive development opportunities.

Mixed-Use Developments:
Ground-floor retail or restaurant spaces with residential units above.
Potential for vertical developments with commercial use on the first floor and multifamily housing or office spaces on upper floors.

Hospitality and Lodging:
Boutique hotels or inns to accommodate the influx of tourists visiting Little Havana.
Office and Commercial Spaces:
Development of office buildings catering to local businesses, startups, and co-working spaces.
Retail establishments, entertainment venues, and food service businesses that serve both residents and tourists.

Site Characteristics:
The area features a network of small blocks, promoting walkability and a vibrant street life.
Thoroughfares with wide sidewalks and steady tree planting create a pedestrian-friendly environment.

Buildings Set Close to the Frontage:
Buildings are designed to be set close to the frontage, with frequent doors and windows, enhancing street-level interaction and accessibility.

Highlights

(Calle Ocho), one of Miami's most iconic streets.
Home to the annual Calle Ocho Festival, celebrating Hispanic culture, drawing over 1 million attendees each year.
Showcasing Latin American and Caribbean culture, Calle Ocho is the largest Hispanic street festival in the United States

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Brickell (Metrorail) (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.1 mi
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.5 mi
AirportDriveWalkDistance
Miami International 21 min - 10.5 mi
Fort Lauderdale/Hollywood International 37 min - 24.6 mi
Alejandro Farias 305-498-1686 Viva Investment
Alejandro Farias 305-498-1686 Viva Investment