5769-5779 8 ST ,Retail, Free Standing, Retail Space en Venta & Alquilar

5769-5779 8 ST en Venta & Alquilar

Precio $2,500,000.00

• Tamaño de lote 15000
• Año de construcción
• Frente al agua
• Zip 33144
• Estilo
• Parking Descripción
• Piscina Yes
• Estado Active With Contract

Descripción

Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.

Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.

City:Miami,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:25.7637163,List Price:2500000,Listing Id:A11887551,Longitude:-80.2894111,Mls Status:Active With Contract,Postal Code:33144,Street Name:8 ST,Contingency:Pending Inspections,Coordinates:1:25.7637163,Photos Count:10,Days On Market:7,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-09-30,Parking Total:15,Property Type:Commercial Sale,Stories Total:1,Street Number:5769-5779,Public Remarks:Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.,County Or Parish:Miami-Dade County,Expiration Date:2026-12-31,List Office Name:The Corcoran Group,Standard Status:Active Under Contract,Living Area Units:Square Feet,M I A M I R E_ Last Use:Retail,Major Change Type:Active Under Contract,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:5769-5779 SW 8 ST, Miami FL 33144,Listing Agreement:Exclusive Right To Sell,Building Area Total:7826,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Dimensions:100x150,Lot Size Square Feet:15000,M I A M I R E_ Num Floors:1,Number Of Buildings:2,Original List Price:2500000,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning ? abutting T4 (a superior transition compared to T3) ? allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases ? a school, a restaurant, and a billboard ? making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.,Listing Contract Date:2025-09-30,Originating System I D:miamire,Street Number Numeric:5769,M I A M I R E_ Current Price:2500000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Fee simple Miami site, 2 folios, T6-8-O zoning, income from 3 leases, land value pricing, prime Coral Gables border, major redevelopment upside.,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.76349143388081$-80.28949905858022$0.08$-6.49$1.00$,Contract Status Change Date:2025-10-07,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Agent Alternate Phone:786-326-3774,M I A M I R E_ Property Description:Flagami Covered Land Play,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:5769-5779 SW 8 ST,