901 8th St, Miami, FL 33130-3705
- Outlet malls
- 9,342 SF
- 0.32 lot acres
Current Use by Public Records
- D&G INC / Real Estate Agency
- Sanpocho Reataurante / Restaurant
- Sanpocho Restaurant / Restaurant
- I&AFixing Glass Doors / Roofing Company / General Contractor
Property Details for 901 8th St
- Year built
- 1984
- Construction
- CONCRETE
- Lot size
- 0.32 lot acres
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 01-4138-003-2280
- APU
- 141380032280
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 8, 2025 | $4,901,700 | City Of Miami | Auvantepuy Investments LLC | Warranty Deed | — |
| Dec 22, 2016 | $3,350,000 | Auyantepuy Investments LLC | Gissin,steven | Grant Deed | — |
| Jun 2, 2014 | — | Gissin,armand Trust | Gissin,armand & Ruth | Quit Claim Deed · related | — |
Description
This exceptional 61,678 square foot land parcel, located at 901 SW 8th Street in Miami's vibrant Little Havana neighborhood, presents a unique development opportunity. The property's strategic location between SW 8th and SW 7th Streets offers unparalleled access to the area's bustling commercial activity and cultural richness. The site comprises two distinct zoning classifications: 54,400 square feet zoned T6-8-O and 7,278 square feet zoned T5-L. This allows for the construction of a high-rise development, potentially reaching up to 12 stories. As-of-right development could yield up to 272,000 gross square feet, with the potential for expansion to 340,000 gross square feet through public benefit bonuses. The permitted zoning allows for a variety of uses, including residential (up to 198 units) or hotel (up to 396 units). Offered at $17,200,000, this represents a compelling price per square foot of $278.87, and a land value of $295 per square foot. The net rentable area is 20,526 square feet. This is a rare chance to acquire an entire city block in a rapidly growing and highly desirable location. Invest in a piece of Miami's dynamic future.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,080,000
- 6.5%
- $4,690,000
- 7%
- $4,355,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,479,000
Market price range: $1.96M - $15.3M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $7,830,000 Current use
- COMMERCIAL (GENERAL)
- $7,095,000 Change: -9% Conversion: Easy
- RESTAURANT
- $6,930,000 Change: -12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2094
- Latitude
- 25.7663
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
