2554 SW 8th St, Miami, FL 33135
Local realty services provided by:First Service Realty ERA Powered
Listed by: fernando arencibia jr., jennifer wollmann
Office: avanti way commercial786-512-3745
MLS#:A12093554
Source:SEFMLS
Price summary
- Price:$3,500,000
About this home
A rare, 20,600 SF (0.473 AC) three-parcel assemblage on Calle Ocho — one of Miami's most storied commercial corridors — directly across from Miami Dade College's Padrón Campus generating consistent daily foot traffic from thousands of students, faculty, and staff.
The site comes with a by-right development plan for 37 residential units plus approximately 2,500 SF of combinable ground-floor retail, pending approval. Additionally, the City of Miami is currently considering an ordinance targeting co-living uses near accredited colleges and universities, which would allow for 27 apartments comprising 99 co-living bedrooms on the 20,600 SF lot.
The three contiguous parcels are under single ownership. Two parcels fronting SW 8th Street total 10,000 SF, contain low-rise mixed-use structures, and T6-8-O zoning, allowing up to eight stories and a broad mix of uses, including multifamily residential, hospitality/lodging, medical office, and ground-floor retail. The vacant 10,000 SF T4-R parcel on SW 9th Street adds residential depth to the assemblage.
A pedestrian-friendly setting with restaurants, shops, and everyday services along its commercial corridors. With a Walk Score of 89, the neighborhood is served by Metrobus and free City of Miami trolleys with connections to Metrorail for travel across Miami-Dade. Corridor visibility, institutional foot traffic, a growing residential base, and over 33,000 vehicles passing the site daily create strong demand for redevelopment....
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Home facts
- Subdivision & Development:HAZEL PARK
- Listing ID #:A12093554
- Updated:October 03, 2026 at 10:04 AM
Structure and exterior
- Lot area:0.47 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$3,500,000
- Tax amount:$20,858 (2025)
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