Retail Space
242 Southwest 8th Street Miami, FL 33130
Details & Description
Price: $6,500,000
    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 SFBuilding Size: 8,556 SFBuildable SF: 64,000 SFZoning: T6-24-0Property Summary (242-250 SW 8TH ST)Sale Price: $21,000,000Lot Size: 21,000 SFBuildable SF: 191,100Zoning: T6-24-0
    Additional Photos
    Listing Agents
    Ron Mann

    O: 305-570-2600
    M: 305-490-1404
    ron@apexcapitalrealty.com
    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.

    242 Southwest 8th Street

    Miami, FL 33130

    232 242 250 SW 8th St

    Listing ID: 187558
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 1
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 2
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 3
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 4
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 5
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 6
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 7
    • 242 Southwest 8th Street Miami, FL 33130 | for Sale | Photo 8
    242 Southwest 8th Street | for Sale | Thumbnail 1
    242 Southwest 8th Street | for Sale | Thumbnail 2
    242 Southwest 8th Street | for Sale | Thumbnail 3
    242 Southwest 8th Street | for Sale | Thumbnail 4
    242 Southwest 8th Street | for Sale | Thumbnail 5
    242 Southwest 8th Street | for Sale | Thumbnail 6
    242 Southwest 8th Street | for Sale | Thumbnail 7
    242 Southwest 8th Street | for Sale | Thumbnail 8
    Building Size: 6,400 SF
    Lot Size: 0.160 AC
    Land Size: 6,969 SF
    Building $/SF: $1,015.63
    Land $/SF: $932.70
    Price
    $6,500,000
    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

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Miami Area Market Trends

    Listing Demographics for 242 Southwest 8th Street Miami, FL 33130

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 242 Southwest 8th Street in Miami?
    The asking price for 242 Southwest 8th Street is $6,500,000
    What is the building size of this Retail property in Miami, FL?
    The size of the building/unit at 242 Southwest 8th Street in Miami is 6,400 square feet
    How much land does the Miami, FL property at 242 Southwest 8th Street include?
    242 Southwest 8th Street in Miami includes 0.160 acres of land
    What kind of Retail is the propery at 242 Southwest 8th Street?
    The property at 242 Southwest 8th Street Miami, FL 33130 is listed as a Other Retail Retail property
    What is the population within 1 mile of 242 Southwest 8th Street in Miami?
    The population within 1 mile of 242 Southwest 8th Street Miami, FL 33130 is 59,395 people.
    Who do I contact for questions about 242 Southwest 8th Street?
    You should contact the listing agent, Ron Mann, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    97 Southwest 8th Street, Miami, FL $250,000 2100 0.32
    1100S S Miami Ave, Miami, FL CALL 4000 0.12
    1250 S Miami Ave, Miami, FL $16,000,000 10842 -
    1225 Brickell Ave, Miami, FL $1,900,000 32000 -
    1221 Brickell Ave, Miami, FL $1,200,000 10482 -
    801 Brickell Bay Drive, Miami, FL CALL 5411 -
    170 Southeast 14th Street, Miami, FL $1,545,000 1200 0.44
    123 Northwest 12th Avenue, Miami, FL $900,000 2065 0.16
    2821 SW 1st Ave, Miami, FL CALL 997 -
    61 Northeast 9th Street, Miami, FL $5,995,000 5478 0.2

    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 6
    Fort Lauderdale Hollywood International Airport (FLL) 21
    Palm Beach International Airport (PBI) 64