Interior
- Bathrooms
- 0
Active · Condominium
$10,995,000
471 & 719 SW 8th St & 5th Av, Miami, FL 33130
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- 19,000 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Exceptional development opportunity at 471 SW 8 Street, ideally located immediately west of Brickell on Calle Ocho. The approximately 19,000 SF corner site is zoned T6-8-O and has Live Local Act entitlements and plans for up to 209 residential units with structured parking and ground-floor retail. The 190' x 100' site offers significant frontage and excellent visibility at SW 8 Street and SW 5 Avenue, with direct access to Brickell, Downtown Miami, Coral Gables and I-95. This entitled multifamily and mixed-use development site provides a compelling opportunity in Miami’s urban core, near Brickell City Centre, major employment centers, dining, retail and transit. An excellent option for developers seeking a high-density Miami multifamily or mixed-use project with approvals already advanced.
Property location
Get Directions471 & 719 SW 8th St & 5th Av, Miami, FL 33130
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Lot size
- 19,000 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11802424
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$21,519
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $52,122/mo
- Down payment
- $2,748,750
- Loan amount
- $8,246,250
- Annual NOI
- $367,238
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.