471 8 ST,Mixed Use, Hotel/Motel, Residential-Multi-Family

471 8 ST, Miami, Florida, 33130

Price $4,950,000.00

  • Lot size 14000
  • Year Build
  • Waterfront
  • Zip 33130
  • Style
  • Parking Description Other
  • Pool Yes
  • Status Active
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Description

The site is a 14,000 SF nearly square corner lot located in the city of Miami, zoned T6-8-O with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of SW 8 ST & SW 5 AV.

Link to building plans, zoning letter, survey and zoning code: https://app.box.com/s/8xdnp1tji1lzqsp1ymxbe8xz3jg89wa0

CITY OF MIAMI SOUTH PB B-41 LOT 11 LESS ST & LOT 12 LESS ST BLK 49 CF 73R22667 LOT SIZE 100.000 X 140 OR 16560-2438 1094 5

Central Business District, City Location, Corner Lot

The site is a 14,000 SF nearly square corner lot located in the city of Miami, zoned T6-8-O with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of SW 8 ST & SW 5 AV.

City:Miami,Sewer:1:Public Sanitation,Zoning:T6-8-O,List A O R:A-Miami Association of REALTORS,Tax Year:2019,Electric:1:Other Electric,List Price:4950000,Listing Id:A10851104,Mls Status:Active,Ownership:Corporation,Inclusions:Land Only,Other Sale Includes,Possession:1:Negotiable,Postal Code:33130,Street Name:8 ST,Coordinates:1:25.7663314,Lot Features:1:City Location,2:Corner Lot,Photos Count:1,Business Type:1:Residential-Multi-Family,Days On Market:548,Listing Terms:1:Assumable,2:Other Terms,Lot Size Acres:0.32,Lot Size Units:Square Feet,On Market Date:2020-04-28,Parcel Number:01-02-04-090-1120,Property Type:Commercial Sale,Street Number:471,Public Remarks:The site is a 14,000 SF nearly square corner lot located in the city of Miami, zoned T6-8-O with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of SW 8 ST & SW 5 AV.,County Or Parish:Miami-Dade County,Expiration Date:2021-12-31,Frontage Length:100,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Back On Market,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:30980,Unparsed Address:471 SW 8 ST, Miami FL 33130,Building Features:1:Automobile Traffic,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:Main Thoroughfare,Building Area Units:Square Feet,Lot Size Square Feet:14000,Original List Price:4750000,Previous List Price:3950000,Public Survey Range:2,Documents Available:1:Environment Study,2:Site Plans,3:Soil Test,4:Title/Abstracts,I D X Participation Y N:1,Syndication Remarks:The site is a 14,000 SF nearly square corner lot located in the city of Miami, zoned T6-8-O with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of SW 8 ST & SW 5 AV.,Listing Contract Date:2020-04-28,Originating System I D:miamire,Public Survey Section:4,Showing Instructions:Call Listing Agent,Street Number Numeric:471,Tax Legal Description:CITY OF MIAMI SOUTH PB B-41 LOT 11 LESS ST & LOT 12 LESS ST BLK 49 CF 73R22667 LOT SIZE 100.000 X 140 OR 16560-2438 1094 5,Electric On Property Y N:1,Public Survey Township:2,Originating System Name:Miami Association of REALTORS?,Contract Status Change Date:2020-04-28,Internet Address Display Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $4,950,000.00
  • Price Change: 2021-07-26
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description Other
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2021-07-26
  • Days on Market 581
  • Furnished
  • City Miami
  • Zip 33130
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 30980
  • Taxes Year 2019