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2742 SW 8th St
Miami, FL 33135 Little Havana

$17,999,999 USD

General Retail For Sale  •  42,000 SF

Property Details

  • Property Type General Retail
  • Total Building Size 42,000 SF
  • Lot Size 1.74 AC
  • Building Class C
  • Year Built 1977
  • Tenancy Multiple
  • Zoning T6-8-O
50 Transit Score
80 Walk Score

Highlights

42,000 SF of Existing Improvements on 75,923 SF of Land | Rare Covered Land Opportunity in Miami’s Urban Core | Generating $850,000+ NOI.
Owner Financing Available: Seller willing to provide up to $10,000,000 in seller financing at 6% interest-only for 3 years with no prepayment penalty.
Current zoning allows, as-of-right, for a minimum of 280 residential units, excluding any additional density incentives available under the LLA.
Located in the heart of Little Havana, one of Miami-Dade County’s most densely populated urban submarkets, with nearly 40,000 residents within a 1-mi.
Owned by the same family for more than 40 years, this generational asset presents a rare opportunity to acquire a true covered land.
Ideally positioned directly on Calle Ocho with exposure to more than 35,000 vehicles per day and catty-corner to Miami Dade College’s Padrón Campus.

Amenities

  • Bus Line
  • Pylon Sign

Public Transportation

Commuter RailDriveWalkDistance
Coconut Grove (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min - 1.9 mi
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