1888 SW 8th St
Miami, FL 33135
Calle Ocho Ground Lease · Land For Sale · 0.29 AC

Asking: Any of the following options.
$9,500,000.00
NNN long-term lease with a national tenant.
Deal structure on the mainland only, price to be adjusted based on the deal.
Seller Financing available.
Joint-Ventures opportunities.
Property Overview
Property owners are offering a unique opportunity to develop or invest in a collection of prime properties located in the heart of Little Havana, Miami, FL. This package includes four adjacent lots, perfect for a variety of development possibilities.
- 1888 SW 8th St, Miami, FL 33135
- Folio: 01-4110-063-2940
- 12,597 Sq. Ft
- 1879 SW 9th St, Miami, FL 33135
- Folio: 01-4110-063-3100
- 5,900 Sq. Ft
- 1877 SW 9th St, Miami, FL 33135
- Folio: 01-4110-063-3090
- 5,900 Sq. Ft
- 829 SW 19th Ave, Miami, FL 33135
- Folio: 01-4110-063-3110
- 5,900 Sq. Ft
Total Land Area: 30,297 Sq. Ft (0.69 acres)
Property Highlights
1. Prime Tourist Area:
- Located on SW 8th St (Calle Ocho), one of Miami's most iconic streets.
- Home to the annual Calle Ocho Festival, celebrating Hispanic culture, drawing over 1 million attendees each year.
- Showcasing Latin American and Caribbean culture, Calle Ocho is the largest Hispanic street festival in the United States, attracting over a million people annually since its inception by Cuban exiles in 1978.
2. Proximity to Domino Park:
- Just two blocks from the world-famous Domino Park, a vibrant hub of Cuban culture.
- The park features walkways of domino-decorated tilework, a mural by Dominican artist Oscar Thomas, and hosts daily domino games by local Cuban residents.
3. Excellent Transportation Links:
- Public Transportation Accessibility:
- Little Havana is well-served by public transportation, with multiple bus routes and a free trolley service making it easy to navigate the area.
- The Miami-Dade Transit system operates several bus routes through Little Havana, connecting it to downtown Miami and other key areas. Notably, routes such as 8, 207, and 208 provide frequent service along SW 8th St.
- On average, public transportation in Miami-Dade County serves over 200,000 passengers daily, with a significant portion utilizing the network within Little Havana due to its central location and vibrant community.
- Free Trolley Service:
- The City of Miami offers a free trolley service, providing a convenient and cost-effective mode of transportation for residents and visitors. The Little Havana route connects major points of interest, including cultural landmarks, shopping areas, and transit hubs.
- Benefits of the trolley service include reducing traffic congestion, promoting eco-friendly travel, and enhancing accessibility to local businesses and attractions. The free service encourages residents and tourists alike to explore the neighborhood without the need for personal vehicles.
4. Rich Cultural Heritage:
- Little Havana was declared a National Treasure by the National Trust for Historic Preservation in 2017.
- The area continues to be a vital launch point for immigrants from South and Central America, bringing their flavors, rhythm, and hardworking spirit to this vibrant community.
For more about Little Havana, read the detailed article on [Timeout](https://www.timeout.com/miami/little-havana).
Development Opportunities
This collection of properties offers immense potential for various development projects:
- Ground-Floor Retail or National Franchise Restaurant:
- Ideal location for a vibrant commercial space with ample parking.
- Residential Vertical Development:
- Potential for a mixed-use development with residential units above commercial spaces on the ground floor.
- Commercial and Office Spaces:
- Zoned for a variety of uses including offices, entertainment establishments, and general commercial services.
Zoning Details:
- 1888 SW 8th St (T6-8-O Urban Core Zone):
- Allowed uses include single-family residence, community residence, multifamily housing, hotel, office, entertainment establishment, food service establishment, general commercial, and more.
- 1879 SW 9th St, 1877 SW 9th St, 829 SW 19th Ave (T4 Zone):
- Allowed uses include row houses (townhouses), small apartment buildings, live/work units, and bungalow courts.
Neighborhood Profile: Little Havana (Zip Code 33135)
Population Details:
- Total Population: Approximately 35,000 residents
- Demographics: Predominantly Hispanic, with a rich mix of Cuban, Central, and South American communities.
Economic Profile:
- Average Household Income: Approximately $30,000 - $35,000 annually
- Median Household Income: Around $25,000 annually
Housing Profile:
- Total Households: About 11,000
- Homeownership Rate: Approximately 30%
- Rental Rate: Approximately 70%
Community and Future Outlook:
- Little Havana is experiencing a cultural and economic renaissance. As a designated National Treasure, efforts are being made to preserve its unique cultural heritage while also fostering new development that benefits the community.
- The neighborhood is attracting new businesses, restaurants, and cultural institutions, making it a vibrant destination for both residents and tourists.
- Future developments are focusing on sustainable growth, ensuring that new projects enhance the area’s character and provide economic opportunities for its residents.
Incentives
- Seller’s Financing:
- The seller is motivated and open to negotiations involving seller financing or a long-term lease with a national tenant.
- Exclusive Listing:
- This property is exclusively listed by Alejandro Farias, Sigma Real Estate and Investments. All negotiations will be conducted through the listing agent.

Disclaimer Notice
This marketing package has been collaboratively prepared by Alejandro Farias, Real Estate agent with Sigma Real Estate and Investments. The information provided is preliminary and should not be solely relied upon for property and operational data. Conduct appropriate due diligence as accuracy is not guaranteed by the agent or its representatives. No liability is assumed for information including errors, omissions, or status changes. Investment values are based on assumptions and are subject to local market analysis and economic conditions. Consulting with tax, legal, and other experts is advised. Independent confirmation of property information is a responsibility and seeking advice from professionals is encouraged.
Confidentiality
The enclosed information is confidential and must be kept private by all potential beneficiaries or buyers and their legal representatives. It should not be used or distributed for purposes other than the analysis and evaluation of the proposed sale.
Zoning and Development Opportunities
Zoning Details for Little Havana 1888
Folio#: 01-4110-063-2940
- Addresses On File.
- 1890 SW 8th St
- 1892 SW 8th St
- 1894 SW 8th St
- 1888 SW 8th St
- 1898 SW 8th St
Zoning Designation: T6-8-O (Urban Core Zone)