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7290 Sw 8th St, Miami, FL – $2,500,000

  • $2.5M Price
  • .24 Acres
  • 377 DOM
  • $2.5M Price
  • .24 Acres
  • 377 DOM

7290 Sw 8th St

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.

Essential Information

  • MLS® #A11444961
  • Price$2,500,000
  • Bathrooms0.00
  • Acres0.24
  • TypeLand / Boat Docks
  • Sub-TypeCommercial
  • StatusActive Under Contract

Community Information

  • Address7290 Sw 8th St
  • Area40
  • SubdivisionSUNSET HEIGHTS
  • CityMiami
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33144-4654

Amenities

Utilities

Cable Available, Electricity Available, Trash Collection, Water Available

Exterior

  • Lot Description105x100

Additional Information

  • Listing Courtesy ofCompass Florida, LLC.
  • Date ListedSeptember 7th, 2023
  • Contact Info305-772-0525
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