For SaleLandActive
1731 SW 8th St
Miami, FL 33135
$8,000,000
142 Days On Site
- 0.69Acres
- T6-8-OZoning
- Miami-DadeCounty
- Subdivision
- Lawnview
- County
- Miami-Dade
- MLS®
- A12044492
Overview
Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami’s fastest-growing urban neighborhoods.
Little Havana continues to experience substantial growth due to its central location and connectivity to Miami’s major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami’s most recognized commercial corridors.
The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami’s most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.
Listing Snapshot
- Price
- $8,000,000
- Days On Site
- 142 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- N/A
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- 0.69 Acres
- Year Built
- N/A
- MLS® Number
- A12044492
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
6 items
- Acres
- 0.69
- Additional Property Use
- Other
- Sewer
- Other
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Other
- Water Source
- Public
- Zoning
- T6-8-O
Exterior Features
2 items
- Lot Features
- Irregular Lot
- Road Frontage
- Highway
Community Features
1 item
- MLS Area
- 41
Location
1731 SW 8th St, Miami, FL 33135 · 41
Neighborhood & Commute
ZIP Code 33135
- Median household income
- $37,532
- Income per person
- $21,865
- Households
- 14,795
- Average household size
- 2.50
- Median age
- 44.7
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $8,000,000
- Status changed to Active
- Listing first seen on site
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