Listing Summary
An extraordinary commercial real estate acquisition opportunity in the heart of Miami, Florida: an operating hospitality asset comprising two contiguous parcels along the world-famous Calle Ocho corridor (SW 8th Street and SW 24th Avenue). Encompassing approx. 17,637 sq. ft. of prime land with approx. 6,813 sq. ft. of existing building improvements and 23 recorded units, this prime asset generates active holding income with significant value-add and future redevelopment potential. Positioned minutes from Brickell, Downtown Miami, Coral Gables, and Miami International Airport, the offering features highly flexible seller financing terms for qualified real estate investors.
Full Description
Strategic Little Havana Location & High-Visibility Frontage
Situated at the intersection of SW 8th Street and SW 24th Avenue, this property occupies a corner footprint along Miami's famous Calle Ocho thoroughfare. Little Havana continues to experience strong cultural vibrancy and commercial revitalization, driving foot traffic, tourism, and real estate demand. The location ensures exceptional street visibility, continuous vehicular counts, and rapid transit access to South Florida's major economic centers.
Turnkey Asset Operations & Income Generation
Spanning approx. 17,637 sq. ft. of land with approx. 6,813 sq. ft. of existing building improvements, the property includes 23 recorded units currently operating within the hospitality sector. This existing operation provides steady cash flow, allowing an investor or operator to collect immediate rental revenue while optimizing current management, adjusting room rates, or finalizing long-term land development strategies.
Value-Add Flexibility & Long-Term Redevelopment Potential
The assembly of two contiguous parcels on a high-exposure corner along SW 8th Street presents an ideal scenario for long-term equity growth. Investors can elect to execute capital improvements to maximize ongoing hospitality returns, or leverage the site's urban infill density for future mixed-use, residential, or commercial redevelopment (subject to City of Miami zoning guidelines and approvals).
Quick Glance
- Listing ID:
CL-Florida-28857
- Status:
Active
- Year Build:
1953
- Building Size:
6,813 SqFt
- Lot Size:
17,637.00 SqFt
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Additional Contacts
Little Haiti Specialist
Robin Perez
(786) 261-5393