FL > Miami > Sunset Heights
Miami, FL 33144,7290 SW 8th St
Miami, FL 33144,7290 SW 8th St
Miami, FL 33144,7290 SW 8th St
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$2,500,000
Est. payment /mo
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10,450 Sqft Lot
Active Under Contract

7290 SW 8th St Miami, FL 33144

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

09/30/2024 09:42 PM

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Sunset Heights

MLS Listing ID A11444961

HOA Y/N No

Annual Tax Amount $10,708

Tax Year 2022

Contingent No Contingencies

Lot Size 10,450 Sqft

Acres 0.2399

Lot Dimensions 105x100

Property Description

Redevelopment Opportunity. Spanning 2,988sf, this freestanding building sits on a spacious 10,450sf lot with prime location on the corner of 8th Street & SW 73rd Ave offering high traffic visibility. Built in 1953. Presently operating as Holiday Motel. Generated a monthly revenue of over $10K in 2022. Flexible BU-2 zoning designation, allowing a wide range of redevelopment possibilities, such as retail stores, restaurants, offices, banks, hotels, & more. In some cases, mixed-use development is also possible. Buyers should consult with experts to understand specific limitations & possibilities for this lot. Located minutes away from MIA. Easy access to the SR-826 & SR-836. Land also available for lease at $150k/year. Owner open to a long-term land lease.

Location

State FL

County Miami-dade

Community Sunset Heights

Area 40

Exterior

Utilities Available Cable Available, Electricity Available, Trash Collection, Water Available

Waterfront No

Street Surface Paved

Building

Lot Description <1 Acre

Sewer Septic Tank

Water Public

Others

Tax ID 30-40-11-004-0390

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Compass Florida, LLC.

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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