Under Contract427 Days

$2,500,000

7290 SW 8th St
Miami, FL 33144

Land For Sale

0.24 Acre Lot

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Compass Florida, LLC.

Description for 7290 SW 8th St, Miami, FL 33144

For Sale> Miami-Dade County> Miami> 33144

Redevelopment Opportunity. Spanning 2,988sf, this freestanding building sits on a spacious 10,450sf lot with prime location on the corner of 8th Street & SW 73rd Ave offering high traffic visibility. Built in 1953. Presently operating as Holiday Motel. Generated a monthly revenue of over $10K in 2022. Flexible BU-2 zoning designation, allowing a wide range of redevelopment possibilities, such as retail stores, restaurants, offices, banks, hotels, & more. In some cases, mixed-use development is also possible. Buyers should consult with experts to understand specific limitations & possibilities for this lot. Located minutes away from MIA. Easy access to the SR-826 & SR-836. Land also available for lease at $150k/year. Owner open to a long-term land lease.

Property Details

Listing Details

Status: Under Contract

Property Type: Land

Property Style:Commercial

Sale/Rent: For Sale

MLS#: A11444961

Price: $2,500,000

List Date: 09/07/2023

DOM: 193

List Agent MLSID: 3333667

Location Information

Country: US

State: FL

County: Miami-Dade County

City: Miami

Zip Code: 33144

Neighborhood: 1077444

Street: 8th St

Street Number: 7290

Postal Code 4: 4654

Subdivision Name: SUNSET HEIGHTS

Longitude: W81° 35' 7.8''

Latitude: N25° 46' 33.4''

Address: 7290 SW 8th St

MLS Area Major: 40

Street Dir Prefix: SW

Entire Listing Display?: Yes

Garage/Parking

Carport?: No

Garage?: No

WaterFront and WaterAccess

Waterfront?: No

Land Info

Lot Size: 0.24 Acre

Lot Details:<1 Acre

Parcel Number: 30-40-11-004-0390

LotSizeDimensions: 105x100

RoadSurfaceType:Paved

Utilities

Sewer:Septic Tank

Tax Info

Tax Desc: SUNSET HEIGHTS PB 46-74 ALL LOT 21 & W23.73FT OF LOT 20 BLK 2 LOT SIZE 10450 SQUARE FEET OR 20659-3667 0802 4

Taxes: $10,708

Tax Year: 2022

Listing Information

Office Name: Compass Florida, LLC.

Agent Name: Robert Perez

Cumulative DOM: 193

List Office MLSID: COMP11

MLS: Sefmiami

Original List Price: $2,500,000

Potential Short Sale: No

Last Changed:

Utilities:Cable Available,Electricity Available,Water Available,Trash Collection

WaterSource:Public

CoListAgentMlsId: 0698207

CoListOfficeName: Compass Florida, LLC.

CoListAgentFullName: Benjamin Moss

Price History

Source: MLS

Date	Event	Price	Source
2023-09-07	Under Contract	$2,500,000	MLS

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Courtesy of Compass Florida, LLC.

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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.