Homes for sale - 7290 SW 8th St, Miami, FL 33144

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Christopher Durham

chris@tdgsouthflorida.com +1(561) 971-9679

$ 2,500,000

Est. payment | -/mo

10,450 Sqft Lot

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$ 2,500,000

Est. payment | -/mo

Save Virtual Tour

10,450 Sqft Lot

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

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.

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(561) 971-9679

chris@tdgsouthflorida.com

7290 SW 8th St Miami, FL 33144