8 Street Assemblage Development

  SOLD April 2014 for $2,300,000

3141 SW 8th Street, Miami, Florida 33135


Documents
Building Size10,362 Square Feet
Land Size33,750 Square Feet
Units4
Zoninghotel/motels, multifamily urba
Year Built0

Development assemblage within the City of Miami. Currently the property consist of four income producing properties; Two hotels, one restaurant and one paint store. The annual gross income is approximately $200,000 (not verified). These properties are currently zoned hotel/motels, multifamily urban core T6-8-0 zone including commercial, civic, educational and industrial. Site development standards are 150 dwelling units/acre, floor area ratio of 5, maximum lot coverage of 80%, minimum set-backs: front 10’0”, sides 0’0”, side street 0’0”, rear 0’0”. Underground parking allowed. Possible structure of eight stories with 27,000 SF each floor. This site can be developed as apartments, or a hotel with retail stores and restaurants on ground floor.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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