Calle Ocho Retail Properties of 2

Description:

For Sale is this Retail building with 2 units in the heart of Calle Ocho in Little Havana, 2 mins to I95, just a mile to Brickell and 15 mins to Wynwood & MidTown. Corner Lot - 88 ft store frontage on Calle 8, and 131 ft on SW 10 Ave. Lenient and Generous Zoning Use. Property is currently 100% occupied. Seller will consider selling to owner occupants or investor, with our without lease back.

Special Highlight about this property:

- LOCATION! LOCATION! LOCATION!

- High Traffic

-Tourist Spot

- Visibility from Foot & Drive Traffics

- ELEVATED: Never flooded in 30 years of ownership

- GROWTH in Population: Little Havana has experienced a significant population surge, increasing by 10.1% (44,770 residents) from 442,244 in April 2020 to 487,014 by July 1, 2024. This indicates a rapid rise in density in the Downtown/Brickell area during that period.


Here are some of the recent developments in the area:

Key Real Estate & Development Projects:

Centro City Residences (3830 NW 11th St): A massive $300 million, 38-acre mixed-use development has started opening, bringing significant, dense, new rental apartments and retail to West Little Havana.

Gallery at Marti Park (450 SW 5th St): A 12-story, 176-unit mixed-income community is under development, targeting residents with 80% to 120% Area Median Income (AMI) and seniors, featuring panoramic views of the Brickell skyline.

Flagler Oasis Phase II & III: The Gamla Cedron Group has proposed a 16-story tower with 248 units and a separate 8-story office/commercial building, building on the success of the first phase.

West Flagler 354-Unit Project: A new $15.8M, 8-story, 354-unit development is coming to West Flagler, featuring a supermarket, pharmacy, and extensive amenities.

Gallery at Little Havana (1275 SW 1st St): Preliminary plans have been unveiled for another major residential project in the area.


- LOCATION! LOCATION! LOCATION!

- Corner Lot 

- 88 ft Frontage on Calle Ocho (SW 8th Street)

- High Traffic

- Busy Tourist Spot

- Visibility from Foot & Drive Traffics

- ELEVATED: Never flooded in 30 years of ownership

- GROWTH in Population: Little Havana has experienced a significant population surge, increasing by 10.1% (44,770 residents) from 442,244 in April 2020 to 487,014 by July 1, 2024. This indicates a rapid rise in density in the Downtown/Brickell area during that period.

- Gated parking 

- Lenient and Generous Zoning Use (Best for Restaurant/Bar/Cafe, MedSpa, Medical Practices (like Dentistry, Ophthalmology, Cosmetic Surgery), Florist, Bank, Daycare, Specialty school, Dance Studio, indoor Virtual Reality activies (such as indoor Golf Simulation, Escape Room), Boutiques, Builder supplies showroom, and many more.

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