140 8th Ave Miami, FL 33128-1410

This exceptional 45,000 sq ft commercial land parcel in Miami's Little Havana, zoned T6-8-O, offers a compelling investment opportunity. Approved plans exist for a 115-unit multifamily development, with potential for expansion under Florida's Live Local Act. The over one-acre site boasts three convenient access points: NW 1st Street, NW 2nd Street, and NW 8th Avenue, ensuring excellent connectivity. Enjoy breathtaking views of Brickell, Downtown Miami, and Wynwood. Currently generating a monthly income, this fee-simple property is available for a 1031 exchange and is priced at $10,000,000. The site's strategic location and development potential make it an ideal investment for those seeking high returns in a rapidly growing area. The approved plans provide a solid foundation for immediate development, while the potential for expansion offers significant long-term growth opportunities. This is a rare chance to acquire a substantial land holding in a vibrant and desirable Miami neighborhood. The property's multiple access points and expansive size provide flexibility for a variety of development scenarios. The current income stream adds to the overall attractiveness of this investment, making it a truly exceptional opportunity in the heart of Miami.