1801 Southwest 8th Street

Miami, FL 33135

Listing ID: 214554
$2,400,000
For Sale
  • Property Type Office : Professional
  • Lot Size Acres 0.316
  • Building Sq Ft 14,824
  • Building Price per Sq Ft $161.90
  • Land Sq Ft 13,758
  • Land Price per Sq Ft $174.44
Description

Calle Ocho Strong-Income Generating Covered Land Play. This 14,824sf 2 story office/retail building is currently grossing $170,000 per year, producing solid income for any owner until such time they wish to redevelop. The site is on 13,756sf of T-6-8-O land, permitting for a mixed use project with 47 res units (94 with density bonuses), attractive ground floor retail, and other possible uses such as office and hotel. This site is on a major development corridor, fronting new 320 unit luxury In-Town, across from in-construciton 244 unit Altis Little Havana, and other upcoming developments. Little Havana is centric to all major employments centers of Miami, with great transit connectivity, neighborhood walkability, and an inviting and rich local culture that makes the neighborhood an incredibly attractive amenity. As Miami’s population swells, this neighborhood is its next ground zero for development.

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 Population60,831403,449674,372
Population Median Age414141
Population by Age0-9 Yrs6793 (11%)43498 (10%)72856 (10%)
10-19 Yrs5876 (9%)31207 (7%)58323 (8%)
20-29 Yrs7194 (11%)50229 (12%)85718 (12%)
30-39 Yrs9546 (15%)71918 (17%)119756 (17%)
40-49 Yrs8536 (14%)61539 (15%)99909 (14%)
50-59 Yrs8441 (13%)52086 (12%)89048 (13%)
60-69 Yrs5650 (9%)42799 (10%)68817 (10%)
70+ Yrs8795 (14%)50172 (12%)79944 (11%)
Median HH Income$28,259$49,500$53,349
Total Household Income< 24K9986 (44%)51943 (30%)77741 (28%)
25-49K6621 (29%)33081 (19%)52886 (19%)
50-74K2534 (11%)22173 (13%)38744 (14%)
75-99K1520 (6%)16740 (9%)28600 (10%)
100-199K1244 (5%)26997 (15%)44598 (16%)
200K+405 (1%)18108 (10%)30583 (11%)
Highest Education LevelNo Diploma136895381984930
Diploma or GED1610773138117764
Some College50983508761259
Assoc. Degree24401910736157
Bachelors Degree539568470113284
Higher Degree19966005797029
Total Housing Units24,099210,565337,975
--Owner-Occupied4,30553,90697,930
--Renter-Occupied18,004115,137175,221
Owner-Occupied Values< 100K21131986741
100-199K614488310111
200-299K8271197320576
300-399K888812514544
400-499K89956429611
500K+8672008536348
Total Working Age Population50,829339,249565,071
In Work Force30,290216,989363,724
Not In Work Force20,539122,261201,346
Workforce Employed28,320205,781344,319
Workforce Unemployed1,97011,07319,025
Civlian Workforce30,290216,854363,344
Military Workforce0135381
Total Households22,309169,043273,151
Family Households13,84988,467146,171
Non-Family Households8,46080,576126,980
Married Couple7,57457,95294,642
Other Family6,27530,51551,529
Married w/Child3,17121,59034,829
Single Male w/Child7262,9934,921
Single Female w/Child1,8379,66616,229

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
Monroe County79,589-873,090+174,004074,301

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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