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Redevelopment Opportunity. Spanning 2,988sf, this freestanding building sits on a spacious 10,450sf lot with prime location on the corner of 8th Street & SW 73rd Ave offering high traffic visibility. Built in 1953. Presently operating as Holiday Motel. Generated a monthly revenue of over $10K in 2022. Flexible BU-2 zoning designation, allowing a wide range of redevelopment possibilities, such as retail stores, restaurants, offices, banks, hotels, & more. In some cases, mixed-use development is also possible. Buyers should consult with experts to understand specific limitations & possibilities for this lot. Located minutes away from MIA. Easy access to the SR-826 & SR-836. Land also available for lease at $150k/year. Owner open to a long-term land lease.
Listed by Robert Perez, Compass Florida,LLC.

Property Details of 7290 Sw 8th Street

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on May 28, 2024

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