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Calle Ocho Development Site

2554-2560 SW 8th Street & 2551 SW 9th Street, Miami, FL 33135

Listing Price: $2,750,000

Lot Size
0.47 acres
Price/Acre
$5,815,049
Land Type
Redevelopment
Buildable Square Feet
58,713

Investment Overview

Marcus & Millichap is pleased to present for sale 2554-2560 SW 8th Street & 2551 SW 9th Street, located on Miami’s Southwest 8th Street, also known as Calle Ocho. The site is one block east of SW 27th Avenue, known as the entranceway to Little Havana. Little Havana is one of Miami’s densest neighborhoods with over 550,000 residents within a five-mile radius of the property. The property is across the street from what will be one of Southwest 8th Street’s largest developments. The development will consist of a 12-story building with 200 apartment units, 10,000 square feet of retail, and more than 300 parking spaces. Additionally, the subject property benefits from its T6-8-O Zoning allowing for eight stories in height and 150 units per acre, without bonuses.

Investment Highlights

  • - Located on Southwest 8th Street, Premium Little Havana Corridor
  • - T6-8-O & T4-R Zoning: Liberal Zoning That Allows for Various Uses such as Multifamily, Hospitality, Medical, Retail.
  • - Across the street from Gateway to Little Havana, 200 Units with 10,000 Square Feet of Retail are to be delivered in 2024
  • - Across Miami, Dade Community College with 6,500 Enrolled Students
  • - Walking distance to Little Havana's Arts and Entertainment District
  • - Over 319,799 residents in a 3-mile radius

Exclusively Listed By

Listing Price: $2,750,000

Lot Size
0.47 acres
Price/Acre
$5,815,049
Land Type
Redevelopment
Buildable Square Feet
58,713

Investment Highlights

  • - Located on Southwest 8th Street, Premium Little Havana Corridor
  • - T6-8-O & T4-R Zoning: Liberal Zoning That Allows for Various Uses such as Multifamily, Hospitality, Medical, Retail.
  • - Across the street from Gateway to Little Havana, 200 Units with 10,000 Square Feet of Retail are to be delivered in 2024
  • - Across Miami, Dade Community College with 6,500 Enrolled Students
  • - Walking distance to Little Havana's Arts and Entertainment District
  • - Over 319,799 residents in a 3-mile radius

Investment Overview

Marcus & Millichap is pleased to present for sale 2554-2560 SW 8th Street & 2551 SW 9th Street, located on Miami’s Southwest 8th Street, also known as Calle Ocho. The site is one block east of SW 27th Avenue, known as the entranceway to Little Havana. Little Havana is one of Miami’s densest neighborhoods with over 550,000 residents within a five-mile radius of the property. The property is across the street from what will be one of Southwest 8th Street’s largest developments. The development will consist of a 12-story building with 200 apartment units, 10,000 square feet of retail, and more than 300 parking spaces. Additionally, the subject property benefits from its T6-8-O Zoning allowing for eight stories in height and 150 units per acre, without bonuses.

Exclusively Listed By

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