1 year on rocket

1923 SW 8th St, Miami, FL, 33135

$12,000,000

0.70 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #A11400681
Lot Size0.70 Acres
StatusActive

About 1923 SW 8th St

Unique Calle Ocho Covered Land Play. Retail complex producing $414,000 in income with excess land still to be rented, on 34,227sf of T68O land. Land by right allows for 117 units, or 234 units if taping into affordable density bonuses or going for hospitality uses, mixed with retail, office, and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana, and other upcoming developments. but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with great transit connectivity.

Property Details

Property Features

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Alessandro Lima

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  • Virtual Tour: 1923 SW 8th St
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Lot Features

Lot Information:

  • Lot Size: 0.70 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,000,000

Tax Information:

  • Annual Amount: $28,752
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

1923 SW 8th St vs Miami

534 DAYS ON ROCKET

+474 Days

$12,000,000

+$11.4M More

KEY TAKEAWAY

This property is $11.4M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11400681

Listing Office:

  • Office Name: Fausto Commercial Realty Consultants Inc
  • Office Phone: (305) 431-2258
  • Listing Agent: Alessandro Lima

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$28,752$1,350,000
2018$20,326$790,614
2017$17,753$1,080,000

History based on county public records data.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-934138
6
/10
  • Shenandoah Elementary School

  • 1023 SW 21st Ave

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-934139
3
/10
  • Alpha Charter of Excellence

  • 1217 SW 4th St

  • 0.81 miles

  • Public Charter Grades KG-5

school-card-donut-934140
4
/10
  • Citrus Grove Elementary School

  • 2121 NW 5th St

  • 0.88 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,285. Typical income of Miami, FL residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1923 SW 8th St

What is the listing price of this property?

The listing price of 1923 SW 8th St property is $12,000,000.

What type of property is this?

The property 1923 SW 8th St is land located in Miami, Florida, 33135.

Is this property for sale now?

Active Listing: 1923 SW 8th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $28,752 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1923 SW 8th St is 0.70 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami331351923 SW 8th St

This home is located at 1923 SW 8th St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This home sits on a 0.70 acre lot. It has been listed on Rocket Homes since June 08, 2023 and is currently priced at $12,000,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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