7290 SW 8th St Save Request In-Person Tour Request Virtual Tour
Miami,FL 33144
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
Annual Tax Amount $10,708
Tax Year 2022
Lot Size 10,450 Sqft
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
Waterfront No
Building
Lot Description <1 Acre
Sewer Septic Tank
Water Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional