1731 Sw 8th St, Miami, FL 33135

$8,000,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$8,000,000
MLS#
A12044492
Status
ACTIVE
Type
Commercial

Property Description

Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami’s fastest-growing urban neighborhoods. Little Havana continues to experience substantial growth due to its central location and connectivity to Miami’s major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami’s most recognized commercial corridors. The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami’s most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.

Additional Information

Days on Market
40
Parcel Number
01-41-03-026-0321
Lot Size
30,000
Address
1731 Sw 8th St, Miami
Development Name
Lawnview
Development
Lawnview
Section
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Fausto Commercial Realty Consultants Inc, Contact: