5769-5779 Sw 8 St, Miami, FL

$2,500,000

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About 5769-5779 Sw 8 St

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.

Features of 5769-5779 Sw 8 St

MLS® # A11887551
Price $2,500,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Retail
Style Detached
Status Active Under Contract

Community Information

Address 5769-5779 Sw 8 St
Area 41
City Miami
County Miami-Dade
State FL
Zip Code 33144
HOPA No Hopa

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 1
Stories One

Listing Details

OfficeThe Corcoran Group

Listing Map

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