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Under Contract439 Days
$2,500,000

7290 SW 8th St
Miami, FL 33144

Land For Sale
0.24 Acre Lot
Compass Florida, LLC.

Description for 7290 SW 8th St, Miami, FL 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
Under Contract
Land
Commercial
For Sale
A11444961
$2,500,000
09/07/2023
$2,500,000
$2,500,000
193
3333667
Location Information
US
FL
Miami-Dade County
Miami
33144
1077444
8th St
7290
4654
W81° 35' 7.8''
N25° 46' 33.4''
7290 SW 8th St
40
SW
Land Info
0.24 Acre
<1 Acre
30-40-11-004-0390
105x100
Paved
Utilities
Septic Tank
Tax Info
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
$10,708
2022
Listing Information
Compass Florida, LLC.
Robert Perez
193
COMP11
Sefmiami
$2,500,000
No
SUNSET HEIGHTS
Cable Available,Electricity Available,Water Available,Trash Collection
Public

Price History

Source: MLS
DateEventPriceSource
2023-09-07Under Contract$2,500,000MLS
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Walk Score

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Walk Score

4

Bike Score

7

Transit Score

3

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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.