Commercial Sale · Income/MultiFamily
471 & 719 SW 8th St & 5th Av, Miami FL 33130, MIAMI, FL, 33130
Active455 days on marketListed May 13, 2025MLS #A11802424
About this property
The property at a glance
Core Development Opportunity: Brickell West The site is a 19,000 sq ft corner lot situated in the city of Miami’s most dense zoning of T6-8-O with plans and LLA entitlements for up to 209 units with parking and ground floor retail. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho' leading directly into the core center of Miami’s CBD and Brickell City Centre. Easily accessible vehicular arteries to Brickell, Downtown, Coral Gables and I-95.
273,985
Building sq ft
$47
Price / sq ft
0.44
Lot acres
1
Building
6100
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$61,552/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,255
Population
$39,361
Median income
44
Median age
2
Avg household
$454,868
Median home value
$1,366/mo
Median rent
5,256
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 471 & 719 SW 8th St & 5th Av
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,050,000
1751 NW 29th St, Miami FL 33142
Sold Aug 19, 2024
$2,200,000
Nearby listing
Sold Aug 20, 2024
$1,600,000
981 SW 3rd St, Miami FL 33130
Sold Sep 18, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 471 & 719 SW 8th St & 5th Av — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 471 & 719 SW 8th St & 5th Av.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of The Corcoran Group · Cyril Bijaoui. MLS #A11802424.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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