1133 8th St Rd , for Sale

1133 8th St Rd for Sale

Price $1,095,000.00

• Lot size 20000
• Year Build
• Waterfront
• Zip 33136
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Great opportunity for multifamily or mixed use development. Prime location: centrally located between Brickell, Downtown, Medical District, Wynwood & Midtown (key employment centers) and short walk from Metrorail (Culmer Station). 7861 sqft vacant corner lot, T6-8O zoning: build up to 8 stories with 27 units (or 54 lodging units) with no parking required for micro-units; 60% parking reduction for affordable. Lots of development nearby with strong demand for rental units. Will attract medical students & staff; walking distance to 2nd biggest hospital district in US, including Jackson Medical & UM hospitals. This corner lot is in a pocket of Spring Garden that will be revitalized by the mega project, Highland Park: a 3-phase project with mixed use residential, retail & medical offices.

Cash offers preferred. Seller financing *may* be available for qualified buyers. Zoning verification letter, survey, environmental (phase I & limited phase II) and arborist reports available.

HIGHLAND PARK PB 2-13 LOTS 25 THRU 27 BLK 14 LESS PORT OF LOTS 25 & 26 DESC BEG SW COR LOT 25 TH N 44 DEG W23.28FT NELY 146.83FT TO A PT ON

Great opportunity for multifamily or mixed use development. Prime location: centrally located between Brickell, Downtown, Medical District, Wynwood & Midtown (key employment centers) and short walk from Metrorail (Culmer Station). 7861 sqft vacant corner lot, T6-8O zoning: build up to 8 stories with 27 units (or 54 lodging units) with no parking required for micro-units; 60% parking reduction for affordable. Lots of development nearby with strong demand for rental units. Will attract medical students & staff; walking distance to 2nd biggest hospital district in US, including Jackson Medical & UM hospitals. This corner lot is in a pocket of Spring Garden that will be revitalized by the mega project, Highland Park: a 3-phase project with mixed use residential, retail & medical offices.

City:Miami,Zoning:6106,List A O R:A-Miami Association of REALTORS,Tax Year:2022,Latitude:25.78456,List Price:1095000,Listing Id:A11447752,Longitude:-80.209726,Mls Status:Active,Postal Code:33136,Street Name:8th St Rd,Coordinates:1:25.78456,Gross Income:699840,Photos Count:5,Business Type:1:Residential-Multi-Family,Days On Market:1,Listing Terms:1:Exchange,Lot Size Acres:0.18,Lot Size Units:Square Feet,On Market Date:2023-09-05,Parcel Number:01-31-35-019-2160,Property Type:Commercial Sale,Street Number:1133,Public Remarks:Great opportunity for multifamily or mixed use development. Prime location: centrally located between Brickell, Downtown, Medical District, Wynwood & Midtown (key employment centers) and short walk from Metrorail (Culmer Station). 7861 sqft vacant corner lot, T6-8O zoning: build up to 8 stories with 27 units (or 54 lodging units) with no parking required for micro-units; 60% parking reduction for affordable. Lots of development nearby with strong demand for rental units. Will attract medical students & staff; walking distance to 2nd biggest hospital district in US, including Jackson Medical & UM hospitals. This corner lot is in a pocket of Spring Garden that will be revitalized by the mega project, Highland Park: a 3-phase project with mixed use residential, retail & medical offices.,County Or Parish:Miami-Dade County,Expiration Date:2024-02-29,Frontage Length:78,List Office Name:LoKation,Private Remarks:Cash offers preferred. Seller financing *may* be available for qualified buyers. Zoning verification letter, survey, environmental (phase I & limited phase II) and arborist reports available.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:9019,Unparsed Address:1133 NW 8th St Rd, Miami FL 33136,Listing Agreement:Exclusive Agency,Operating Expense:249050,Building Area Total:20000,Building Area Units:Square Feet,Lot Size Square Feet:7861,Original List Price:1095000,Public Survey Range:31,I D X Participation Y N:1,Net Operating Income:450790,Syndication Remarks:Great opportunity for multifamily or mixed use development. Prime location: centrally located between Brickell, Downtown, Medical District, Wynwood & Midtown (key employment centers) and short walk from Metrorail (Culmer Station). 7861 sqft vacant corner lot, T6-8O zoning: build up to 8 stories with 27 units (or 54 lodging units) with no parking required for micro-units; 60% parking reduction for affordable. Lots of development nearby with strong demand for rental units. Will attract medical students & staff; walking distance to 2nd biggest hospital district in US, including Jackson Medical & UM hospitals. This corner lot is in a pocket of Spring Garden that will be revitalized by the mega project, Highland Park: a 3-phase project with mixed use residential, retail & medical offices.,Listing Contract Date:2023-09-05,Originating System I D:miamire,Public Survey Section:35,Showing Instructions:See Broker Remarks,Showing Assist,Street Number Numeric:1133,Tax Legal Description:HIGHLAND PARK PB 2-13 LOTS 25 THRU 27 BLK 14 LESS PORT OF LOTS 25 & 26 DESC BEG SW COR LOT 25 TH N 44 DEG W23.28FT NELY 146.83FT TO A PT ON,Gross Scheduled Income:792000,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:$100,Contract Status Change Date:2023-09-05,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,