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2742 SW 8th St
Miami, FL 33135 Little Havana

$19,000,000 USD

General Retail For Sale  •  40,245 SF

Property Details

  • Property Type General Retail
  • Total Building Size 40,245 SF
  • Lot Size 1.74 AC
  • Building Class C
  • Year Built 1977
  • Tenancy Multiple
  • Zoning T6-8-O
50 Transit Score
87 Walk Score

Highlights

40,000+ SF of Existing Buildings on 75,923 SF of Land | Rare Covered Land Opportunity Generating $850,000+ NOI | 90% of Tenants MTM or Rolling by 2026
Current zoning allows, as-of-right, a minimum of 280 residential units, without factoring in additional density permitted under the Live Local Act.
Little Havana ranks among the most densely populated submarkets in Miami-Dade County, nearly 40,000 residents within 1 mile and over 300,000 radius.
Property sits along Calle Ocho—one of Miami’s most iconic and highly traveled corridors—close to Brickell and Coconut Grove's CocoWalk.
Rare opportunity to acquire a long-held asset—owned for more than 40 yrs— all leases structured to roll within 24 months, for immediate repositioning.
Catty-corner to Miami Dade College’s Padrón Campus — part of the Miami Dade College network serving 120,000+ students annually.

Amenities

  • Bus Line
  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min - 1.9 mi
Civic Center (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 7 min - 3.0 mi
AirportDriveWalkDistance
Miami International 20 min - 9.5 mi
Fort Lauderdale/Hollywood International 38 min - 25.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 103
Type: Surface
Included in Rent: Yes
Jonathan De La Rosa 786-306-7259 Marcus & Millichap
Jonathan De La Rosa 786-306-7259 Marcus & Millichap