Type
Commercial

5769-5779 SW 8 ST, Miami FL 33144 | Miami-Dade County | A11887713

$2,500,000

Description

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.

Address

Open on Google Maps

Address: 8 ST
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33144

Details

Updated on October 1, 2025 at 2:21 am

Property ID A11887713
Price $2,500,000
Land Area 0.34 Square Feet
Type Commercial
Property Status Commercial Land

Additional details

BuildingAreaUnits Square Feet
ContractStatusChangeDate 2025-09-30
CurrentUse Other Usage, Income (Other)
DaysOnMarket 0
ExpirationDate 2026-12-31
FrontageLength 150
GrossScheduledIncome 0
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-326-3774
ListAgentEmail cyril@longsteadrealestate.com
ListAgentFullName Cyril Bijaoui
ListAgentKey 07f3b4b0dc17e5a965da9d43771b01bf
ListAgentMlsId 3325796
ListAgentOfficePhone 305-447-1471
ListAgentStateLicense 3325796
ListOfficeKey 1d0d51518247212da3ebc2d28b0528d6
ListOfficeMlsId TCNG03
ListOfficeName The Corcoran Group
ListOfficePhone 305-447-1471
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-09-30
ListingKey c5ab15aed4e1239e4a7759a71303090a
LotFeatures City Location, Urban Area Development, Less Than 1 Acre, Regular Lot
LotSizeDimensions 150x100
LotSizeSquareFeet 15000
MajorChangeTimestamp September 30, 2025 at 08:51pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp October 1, 2025 at 01:00am
OnMarketDate 2025-09-30
OriginalEntryTimestamp September 30, 2025 at 08:51pm
OriginalListPrice 2500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-40-01-009-0190
PhotosChangeTimestamp September 30, 2025 at 08:58pm
PhotosCount 10
Possession Rental Agreement
PossibleUse Central Urban, Urban Commercial
PriceChangeTimestamp September 30, 2025 at 08:51pm
PublicSurveyRange 40
PublicSurveySection 1
PublicSurveyTownship 40
RoadFrontageType Legal Access Road, City/County Maintained
RoadResponsibility Public Maintained Road
Sewer Other
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 421234420
StateOrProvince FL
StatusChangeTimestamp September 30, 2025 at 08:51pm
StreetDirPrefix SW
StreetName 8 ST
StreetNumber 5769-5779
StreetNumberNumeric 5769
StructureType Commercial
SyndicationRemarks 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.
TaxAnnualAmount 0
TaxLegalDescription TAMIAMI CENTER PB 15-51
TaxYear 2024
Utilities Electricity Connected, Other Utilities Available, Other
WaterSource Municipal Water
Zoning T6-8-O