1801 SW 8 ST Miami FL 33135
Calle Ocho Strong-Income Generating Covered Land Play. This 14,824sf 2 story office/retail building is currently grossing $170,000 per year, producing solid income for any owner until such time they wish to redevelop. The site is on 13,756sf of T-6-8-O land, permitting for a mixed use project with 47 res units (94 with density bonuses), attractive ground floor retail, and other possible uses such as office and hotel. This site is on a major development corridor, fronting new 320 unit luxury In-Town, across from in-construciton 244 unit Altis Little Havana, and other upcoming developments. Little Havana is centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an incredibly attractive amenity. As Miami’s population swells, this neighborhood is its next ground zero for development.