Senior Housing Development
For Sale
Contact for pricing
Pending
5910-5920 SW 8th Street, Miami, FL 33144
Approved site for a planned senior living and rehabilitation center with interim income from an existing banquet hall.
Property SizeContact for details
Days on Market143
Property Features for 5910-5920 SW 8th Street
General Information
Standard status
Pending
Property subtype
Special Purpose
Listing Agency:
Cushman & Wakefield - Miami, Florida
(305) 613-4507
Listed By:
Virgilio Fernandez · License #SL3397219
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:47AM
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 Cushman & Wakefield - Miami, Florida
Investment Insights
Based on property information with market context.
This senior housing development site includes secured approvals for an extended care physical rehabilitation facility serving seniors 55 and older. The planned center is designed as an 8-story, 157-unit senior living and rehabilitation facility totaling 261,549 square feet, with an average of about 844 square feet per bed. Plans also include a 3-story, 4-level parking garage, a third-floor roof terrace, and a private park.
The property currently includes the Renaissance banquet hall, a 48,128-square-foot structure generating some in-place operating income. No long-term lease is in place, allowing interim rental operations while future development plans advance. The site is located at 5910-5920 SW 8th Street in Miami, Florida, within the Coral Gables submarket.
The property currently includes the Renaissance banquet hall, a 48,128-square-foot structure generating some in-place operating income. No long-term lease is in place, allowing interim rental operations while future development plans advance. The site is located at 5910-5920 SW 8th Street in Miami, Florida, within the Coral Gables submarket.
Key Highlights
- +1.51‑acre senior housing development site
- Secured approvals for an 8‑story, 157‑unit senior living and rehabilitation center
- Planned facility totals 261,549 square feet with about 844 square feet per bed
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,077
Businesses Nearby
Under-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
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Approved site for a planned senior living and rehabilitation center with interim income from an existing banquet hall.
Where is this senior housing / retirement home located?
The property is located at 5910-5920 SW 8th Street Miami, FL.
What are key features of this property?
This property features: +1.51‑acre senior housing development site; Secured approvals for an 8‑story, 157‑unit senior living and rehabilitation center; Planned facility totals 261,549 square feet with about 844 square feet per bed
