Approved 15-Unit Multifamily
For Sale
Contact for pricing
Pending
1159 NW 8th Ave, Miami, FL 33136
Fully approved TOD project to build 15 studio units at 1159 NW 8th Ave.
Property SizeContact for details
Days on Market125
Property Features for 1159 NW 8th Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Multifamily Units
15
Listing Agency:
Boschetti Realty Group, LLC.
(305) 790-8729
Listed By:
Maurice Boschetti · License #FL 3355244
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 11 at 2:12PM
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 Boschetti Realty Group, LLC.
Investment Insights
Based on property information with market context.
This property is a fully approved project for a new 15-unit multifamily development featuring studio units. The approval is intended for a build-out that can be started ASAP, with the current plan allowing for leasing on either a short-term or standard lease basis.
The project is described as a TOD concept on a quiet residential street, with the metro station located about 200 feet away. It is also positioned near the Hospital District, which provides a supply of over 50,000 employees within a 1-mile radius, and near the new River Landing Project bringing major retailers and restaurants to the area.
The remarks also indicate that upzoning is underway in the area, and that the approvals already obtained for this project would not be affected.
The project is described as a TOD concept on a quiet residential street, with the metro station located about 200 feet away. It is also positioned near the Hospital District, which provides a supply of over 50,000 employees within a 1-mile radius, and near the new River Landing Project bringing major retailers and restaurants to the area.
The remarks also indicate that upzoning is underway in the area, and that the approvals already obtained for this project would not be affected.
Key Highlights
- Fully approved TOD project to build 15 studio units at 1159 NW 8th Ave.
- Project is described as Studios on 8th, located on a quiet residential street.
- Metro station is about 200 ft away.
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
Location Intelligence
Trade Area within ½ mile
7,166
Businesses Nearby
Explore this area
Business Placement
Demographics for 33136, FL
15,439
Population
7,994
Households
1.9
Avg Household Size
36
Median Age
25%
College-Educated
73%
High-School Grad
1.4 sq mi
ZIP Area
11,028
Density / Sq Mi
$43,481
Median Household Income
$34,130
Median Earnings
$1,337
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully approved TOD project to build 15 studio units at 1159 NW 8th Ave.
Where is this apartment building located?
The property is located at 1159 NW 8th Ave Miami, FL.
What are key features of this property?
This property features: Fully approved TOD project to build 15 studio units at 1159 NW 8th Ave.; Project is described as Studios on 8th, located on a quiet residential street.; Metro station is about 200 ft away.
