5769-5779 SW 8 ST, Miami, FL 33144

Property Description

Rare opportunity to acquire a fee simple property in the City of Miami, with the existing ground lease terminated at closing. The site consists of two folios and features highly flexible T6-8-O zoning — abutting T4 (a superior transition compared to T3) — allowing for significant redevelopment potential across multiple uses and densities. Current income is in place from three leases — a school, a restaurant, and a billboard — making this a true covered land play that generates immediate cash flow during predevelopment. Strategically located along the northern border of affluent Coral Gables, the property is priced at land value and will be delivered free and clear, giving investors the ability to control a high-demand site with both short-term income and long-term redevelopment upside.

Listing Status:

Active

Date Added:

September 30, 2025 at 05:00AM

Listing Office:

The Corcoran Group : 305-447-1471

Listing Agent:

Cyril Bijaoui : 786-326-3774

MLS ID:

A11887713

Location

• Road/Access: Legal Access RoadCity/County Maintained
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: T6-8-OTAMIAMI CENTER PB 15-5101-40-01-009-0190
• Current Use: Other UsageIncome (Other)

Utilities

• Utilities: Electricity ConnectedOther Utilities AvailableOther
• Water: Municipal Water
• Sewer: Other

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Cyril Bijaoui, The Corcoran Group