1731 SW 8th St, Miami, FL, 33135
1731 SW 8th St, Miami, FL, 33135 - Image 21731 SW 8th St, Miami, FL, 33135 - Image 31731 SW 8th St, Miami, FL, 33135 - Image 41731 SW 8th St, Miami, FL, 33135 - Image 5

1731 SW 8th St, Miami, FL, 33135

Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami's fastest-growing urban neighborhoods. Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami's most recognized commercial corridors. The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami's most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.

Information

Property typeLand
Plot size30,056 sqft
Last sold2018-01-31
Last sold priceUSD 4,600,000
CountyMiami-Dade
ZIP code33135
LocationMiami, United States

USD 8,000,000

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Where it's located

Miami, United States

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