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MIXED USE CALLE OCHO INVESTMENT HOUSING 1 Multifamily Properties Offered at $8,000,000 in Miami, FL
Investment Highlights
- Two-parcel portfolio with combined lot size supporting future redevelopment density.
- Calle Ocho frontage with exposure to over 75,000 vehicles daily ensures sustained visibility.
- Located in a historically strong submarket with accelerating redevelopment activity.
- Immediate cash flow through existing mixed-use configuration of retail and residential units.
- Minutes to major employment hubs including Downtown Miami, Brickell, and Wynwood, driving consistent demand.
- Urban Core zoning (T6-8-O / T5-O) enhances long-term growth potential and value appreciation.
Executive Summary
Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami’s fastest-growing urban neighborhoods.
Little Havana continues to experience substantial growth due to its central location and connectivity to Miami’s major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami’s most recognized commercial corridors.
The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami’s most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.
Little Havana continues to experience substantial growth due to its central location and connectivity to Miami’s major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami’s most recognized commercial corridors.
The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami’s most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.
Property Facts
| Price | $8,000,000 | Number of Properties | 2 |
| Price / SF | $493.22 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 16,220 SF |
| Status | Active | Total Land Area | 0.37 AC |
| Price | $8,000,000 |
| Price / SF | $493.22 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,220 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Vilac Apartments
1730 SW 7th St, Miami, FL 33135 |
Multifamily | 16,220 SF | 1920 | - |
1 1
Contacts
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Carlos Fausto Miranda -
Mauricio Villasuso -
Fausto Commercial Realty Consultants
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