242 Southwest 8th Street

Miami, FL 33130

232 242 250 SW 8th St

Listing ID: 187558
$26,500,000
For Sale
  • Lot Size Acres 0.643
  • Land Sq Ft 27,000
  • Land Price per Sq Ft $981.48
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Description

APEX Capital Realty is pleased to present a truly unique development opportunity in the Brickell/Financial District of Miami. The assemblage comprises a total of 3 parcels and 28,000 Square Feet of buildable land. Zoned T6-24-0, the parcels allow for flexible development including mixed-use, retail, hospitality, multi-family and office.

Leading into the Brickell Financial, Residential and Hotel districts, the assemblage provides direct frontage on bustling Southwest 8th Street with over 13,500 cars passing on a daily basis, Direct access to Interstate-95, 1 block from the new Brickell City Centre and just 3 blocks from Brickell Avenue. Close to all major transportation hubs, optimal walkability as well as the upcoming Underline Miami, a 10-mile linear park, urban trail and public art destination.

Note: This assemblage allows for approximately 255,000 square feet of development, including 128 residential units or 257 hotel rooms.

Property Summary (232 SW 8TH ST)


Sale Price: $5,500,000 

Lot Size: 7,000 SF

Building Size: 8,556 SF

Buildable SF: 64,000 SF

Zoning: T6-24-0

Property Summary (242-250 SW 8TH ST)


Sale Price: $21,000,000

Lot Size: 21,000 SF

Buildable SF: 191,100

Zoning: T6-24-0

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population59,395227,796476,985
Population Median Age404041
Population by Age0-9 Yrs5053 (8%)22450 (9%)49073 (10%)
10-19 Yrs3454 (5%)18240 (8%)41381 (8%)
20-29 Yrs11289 (19%)34737 (15%)67632 (14%)
30-39 Yrs12490 (21%)41707 (18%)80590 (16%)
40-49 Yrs8778 (14%)32971 (14%)70764 (14%)
50-59 Yrs7296 (12%)29874 (13%)63188 (13%)
60-69 Yrs5486 (9%)22192 (9%)48248 (10%)
70+ Yrs5550 (9%)25625 (11%)56108 (11%)
Median HH Income$52,810$39,167$39,992
Total Household Income< 24K9094 (31%)32831 (35%)64910 (34%)
25-49K5033 (17%)21192 (22%)43713 (23%)
50-74K4102 (13%)12503 (13%)26358 (14%)
75-99K3332 (11%)8101 (8%)16189 (8%)
100-199K4858 (16%)11762 (12%)24085 (12%)
200K+2896 (9%)5865 (6%)12398 (6%)
Highest Education LevelNo Diploma72073839374960
Diploma or GED83214778298645
Some College49552081045683
Assoc. Degree2567998423764
Bachelors Degree125923261267456
Higher Degree115602345147601
Total Housing Units40,757113,884232,551
--Owner-Occupied7,38423,56357,360
--Renter-Occupied21,93068,692130,292
Owner-Occupied Values< 100K33216884789
100-199K53129239394
200-299K1189452312306
300-399K124743808998
400-499K111831455651
500K+2966690416222
Total Working Age Population52,370194,403402,876
In Work Force35,378122,765253,076
Not In Work Force16,99271,638149,799
Workforce Employed33,670115,527236,625
Workforce Unemployed1,6357,09916,228
Civlian Workforce35,305122,625252,853
Military Workforce73140224
Total Households29,31592,254187,652
Family Households11,76746,37698,173
Non-Family Households17,54845,87889,479
Married Couple8,05828,31259,131
Other Family3,70918,06439,042
Married w/Child2,62210,66521,278
Single Male w/Child3431,6743,371
Single Female w/Child1,1545,84013,320

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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