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Investment Highlights

  • Rare 1.57-acre full-block assemblage with direct Coral Gables frontage
  • Prime redevelopment opportunity minutes from Brickell, Coral Gables, Coconut Grove, and Miami International Airport
  • Zoned T6-8 with by-right potential for approximately 250 residential units

Executive Summary

Rare 1.57-acre full-block assemblage with direct Coral Gables frontage along highly trafficked SW 8th Street. Zoned T6-8, the property offers exceptional redevelopment potential with an estimated by-right yield of approximately 250 residential units. The site includes existing income-producing motels, retail storefronts, and duplexes, while providing immediate access to Coral Gables, Coconut Grove, Brickell, and Miami International Airport. One of the few large-scale mixed-use development opportunities remaining in Miami’s urban core.

Property Facts

Price $16,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Bank
  • Carwash
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Medical
  • Motel
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
  • Supermarket
Total Lot Size 1.57 AC
Zoning T6-8

1 Lot Available

Lot

Price $16,900,000
Price Per AC $10,764,331.21
Lot Size 1.57 AC

Prime 1.57-acre full-block assemblage with direct Coral Gables frontage on SW 8th St. Zoned T6-8 with potential for approximately 250 residential units. Rare redevelopment opportunity minutes from Brickell, Coral Gables & Miami International Airport.

Description

Prime Coral Gables 1.57-Acre Assemblage located along the highly trafficked SW 8th Street corridor, offering a rare full-block redevelopment opportunity in the heart of Miami’s urban core. The assemblage features direct Coral Gables frontage and consists of multiple income-producing properties, including two motels, retail storefronts, a laundromat, a freestanding commercial building, and rear duplexes. Zoned T6-8, the site allows for exceptional density with an estimated by-right development potential of approximately 250 residential units, making it ideal for multifamily, mixed-use or hospitality redevelopment. Strategically positioned minutes from Coral Gables, Coconut Grove, Brickell, and Miami International Airport, the property benefits from immediate access to major employment centers, retail corridors, transit routes, and surrounding residential demand. Large-scale assemblages of this size and zoning are increasingly rare, presenting investors and developers with a unique opportunity to capitalize on one of Miami’s most supply-constrained and rapidly growing submarkets.

Very walkable
80/100
Fairly drivable
40/100
Some public transit
40/100
Fairly bikeable
40/100
  • Listing ID: 40570265

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 4425 SW 8th St, Coral Gables, FL 33134

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