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Commercial Land with Ground Lease
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3401 SW 8th St, Miami, FL 33135

Hard-corner site with a one-story shopping center subject to a ground lease through 2071.

Property SizeContact for details
Days on Market142

Property Features for 3401 SW 8th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Miami HQ
Listed By: Joe Gallaher · License #FL SL3101803
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:06PM

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 NAI Miami HQ

Investment Insights

Based on property information with market context.

This 20,925-square-foot commercial land parcel occupies the corner of SW 8th Street and SW 34th Avenue. A one-story shopping center is currently situated on the site and operates under a ground lease scheduled to end on December 31, 2071.

The property carries T6-8-O designation within the urban core. Current zoning permits 150 dwellings per acre, supporting up to 72 residential units with potential for ground-floor retail space and required parking under applicable code. The site is in Little Havana, with close to 200,000 people located within three miles.

Key Highlights

  • 20,925 square feet of commercial land
  • Hard corner at SW 8th Street and SW 34th Avenue
  • One‑story shopping center currently occupies the site

Property Analytics

Current Use

Bay Rentals of Miami ... Boat Rental Service

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Pet Store Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,107
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Hard-corner site with a one-story shopping center subject to a ground lease through 2071.
Where is this commercial land located?
The property is located at 3401 SW 8th St Miami, FL.
What are key features of this property?
This property features: 20,925 square feet of commercial land; Hard corner at SW 8th Street and SW 34th Avenue; One‑story shopping center currently occupies the site
More about this property
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