7406 SW 8th St Miami, FL $ 3,000,000
7406 SW 8th St
$ 3,000,000
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7406 SW 8th St

Miami, FL, 33144
$ 3,000,000
Baths0.0 Sq 6,137

Monthly Estimate*

$ 19,939

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Studio

Commercial Property for sale in Miami, FL

for $3,000,000. This 6,137 square foot building was built in 1954 on a lot size of 0.278122.

Calle Ocho Gateway Retail/Office Building with ReDevelopment Potential. Current 6,137sf building with two tenants, sitting on 12,111 Sqft of BU-2 Zoning which with the newly approved Live Local Bill can suit for up to 250 unit per acre with additional mixed-uses of retail, office, hotel and more. The property is currently generating over $7k month generating significant upside. Calle Ocho is centric to all major employment centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an amenity. The area is booming with new residential developments bringing more people to an already dense population district and retailers coming in aggressively following their consumers.

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Commercial Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,303

Style

MixedUse

Lot Size

0.278122

Year Built

1954

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11409404

Features
General
Year Built 1954
Property SubType MixedUse
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6400
MLS Area 40
Lot Size Square Feet 12115.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 8th St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 16303.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11409404
Days on Market 78
Structure Type Retail
Standard Status Active
Occupancy Type CallAgent
Legal Description MIAMI GATEWAY RESUB PB 49 77 E1/2 LOT 13 BLK 5 LOT SIZE 110.14 X 110 OR 19299-3819 0900 1
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Exterior
Lot Size Area 12115.0
Spa N
Building Area Total 6137.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 7406
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

alima@realtormiami.net

Email

Affordability Calculator

$21,298
Per Month
94%
6%
0%
Monthly Principal & Interest
$19,939
Monthly Property Taxes
$1,359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2023$3,000,000 Listed Price

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7406 SW 8th St, Miami, FL, 33144 is a Commercial Property for sale at $3,000,000 with 6,137 sqft and a lot size of 0.278122. 7406 SW 8th St is a studio with 0.0 baths and was built in 1954. The property's zip code is 33144 which is in Miami, FL