The Porosoff Group at Compass Commercial is pleased to exclusively present for sale the most attractive T6-8-O development site opportunity directly on world famous SW 8th Street – Calle Ocho, the busiest tourist and commercial corridor in Miami-Dade County.
Calle Ocho Development Site features a 20,504 sq feet lot, including 138 feet of frontage on SW 8th Street – Calle Ocho, the cultural epicenter of the Miami Latin Community. Calle Ocho Development Site consists of two folios for a total of 20,504 square feet of land and is located on the South East corner of SW 8th St and SW 9th Court. This corridor is within the urban core boundaries and designated T6-8-O allowing for the densest and greatest variety of uses within the district. The current zoning allows for 150 Dwellings per acre which allows as-of-right up to 70 residential units along with additional space for a retail ground floor along with adequate parking per code. With close to three hundred thousand people within three miles, the East Little Havana area is an ideal location for new developments targeting a population that wants to live close to where they work with rent more affordable than Brickell or Downtown.
The property features a very desirable location a short distance to Brickell, the most important financial district in South Florida. Home to a growing number of international banks and firms, Brickell serves as Latin America’s Financial District and has recently enjoyed a transformation with a booming restaurant, entertainment and nightlife scene.
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