Freestanding Motel Redevelopment
For Sale
Contact for pricing
Pending
7290 SW 8th St, Miami, FL 33144
Freestanding 1953 motel building on a corner lot, positioned for redevelopment under flexible BU-2 zoning.
Property Size2,988 SF
Lot Size0.24 Acres
Days on Market144
Property Features for 7290 SW 8th St
General Information
Standard status
Pending
Size
2,988 SF
Lot size
0.24 Acres
Property subtype
Special Purpose
Zoning
BU-2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1953
Listing Agency:
Compass Florida, LLC
(305) 330-5481
Listed By:
Robert Perez · License #3333667
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Aug 31 at 4:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC
Investment Insights
Based on property information with market context.
This freestanding building spans 2,988 square feet and sits on a 10,450 square foot corner lot. Built in 1953, it is presently operating as a Holiday Motel. The property generated monthly revenue of over $10,000 in 2022 and offers redevelopment flexibility under a BU-2 zoning designation.
The site is located on the corner of 8th Street & SW 73rd Ave, with high-traffic visibility. It is positioned minutes away from MIA and provides easy access to SR-826 and SR-836.
BU-2 zoning allows a wide range of redevelopment possibilities, including retail stores, restaurants, offices, banks, hotels, and more, with some cases allowing mixed-use development. The owner is also open to a long-term land lease, and land is available for lease at $150k/year. Buyers are encouraged to consult qualified experts to confirm site-specific redevelopment limitations and possibilities.
The site is located on the corner of 8th Street & SW 73rd Ave, with high-traffic visibility. It is positioned minutes away from MIA and provides easy access to SR-826 and SR-836.
BU-2 zoning allows a wide range of redevelopment possibilities, including retail stores, restaurants, offices, banks, hotels, and more, with some cases allowing mixed-use development. The owner is also open to a long-term land lease, and land is available for lease at $150k/year. Buyers are encouraged to consult qualified experts to confirm site-specific redevelopment limitations and possibilities.
Key Highlights
- Freestanding building totaling 2,988 SF on a 10,450 SF corner lot at 8th Street & SW 73rd Ave
- Built in 1953 and currently operating as a Holiday Motel
- Reported monthly revenue of over $10K in 2022
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,529
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33144, FL
25,814
Population
9,665
Households
2.7
Avg Household Size
48
Median Age
28%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
8,327
Density / Sq Mi
$59,207
Median Household Income
$35,051
Median Earnings
$1,730
Median Rent
$440,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Motel - Freestanding 1953 motel building on a corner lot, positioned for redevelopment under flexible BU-2 zoning.
Where is this motel located?
The property is located at 7290 SW 8th St Miami, FL.
What are key features of this property?
This property features: Freestanding building totaling 2,988 SF on a 10,450 SF corner lot at 8th Street & SW 73rd Ave; Built in 1953 and currently operating as a Holiday Motel; Reported monthly revenue of over $10K in 2022
