140 8th Ave ,Brickell Riverview for Sale

140 8th Ave for Sale

Price $9,800,000.00

• Lot size 45000
• Year Build
• Waterfront
• Zip 33128
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Little Havana Urban Core Development Site. In the east part of the neighborhood lies this amazing 45,000 sf lot assemblage; the T6-8-O portion is 30,000 SF, and the T4-R portion is 15,000 SF. The buildable potential is approximately 450,000 SF/ 562,500 SF under Miami 21 by using optional public benefits, with Live Local this increases to 1,080,000 SF. The total combined Density potential is 115 units with Miami 21 or 701 units under Live Local. With regards to the T4-R portion, developers could either use it as a parking lot to support the live local project on the T6-8-O portion, or they can develop it in accordance with the T4 zoning regulations in Miami21.

The site is best served by being entitled through a Live- Local/SB102 process, the height is unlimited subject to MDAD and FAA regulations so ones only limitation on this property will be based on how creative developers handle parking within the building envelope. Possibilities for parking reductions exist, the site meets qualification criteria to further up-zone the T4-R portion via a variance to further increase its buildable potential as well. Feasibility with no waivers and a modest parking reduction of 10-30% put the conservative density between 230-300 units.

38 54 41 BRICKELLS RIVERVIEW PB 5-43 N95FT LOT 1 & N95FT OF LOT 2 BLK 4 LOT SIZE 9500 SQUARE FEET

City Location, Corner Lot, 1-2.5 Acres

Little Havana Urban Core Development Site. In the east part of the neighborhood lies this amazing 45,000 sf lot assemblage; the T6-8-O portion is 30,000 SF, and the T4-R portion is 15,000 SF. The buildable potential is approximately 450,000 SF/ 562,500 SF under Miami 21 by using optional public benefits, with Live Local this increases to 1,080,000 SF. The total combined Density potential is 115 units with Miami 21 or 701 units under Live Local. With regards to the T4-R portion, developers could either use it as a parking lot to support the live local project on the T6-8-O portion, or they can develop it in accordance with the T4 zoning regulations in Miami21.

City:Miami,Zoning:T6-8-O,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.7753805,List Price:9800000,Listing Id:A11796723,Longitude:-80.2080369,Mls Status:Active,Utilities:1:Other,Current Use:1:Unimproved Hotel/Motel,2:Unimproved Multi Family (5+Units),Directions:Folio:01-4138-003-3250 Folio:01-4138-003-3260 Folio:01-4138-003-3460 Folio:01-4138-003-3470 Folio:01-4138-003-3480 Folio:01-4138-003-3450 Folio:01-4138-003-3440,Postal Code:33128,Street Name:8th Ave,Coordinates:1:25.7753805,Lot Features:1:Corner Lot,2:1-2.5 Acres,Photos Count:17,Possible Use:1:Urban Commercial,Building Name:BRICKELL RIVERVIEW,Days On Market:4,Lot Size Acres:1.03,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Brickell Riverview,On Market Date:2025-05-01,Parcel Number:01-41-38-003-3250,Property Type:Commercial Land,Street Number:140,Public Remarks:Little Havana Urban Core Development Site. In the east part of the neighborhood lies this amazing 45,000 sf lot assemblage; the T6-8-O portion is 30,000 SF, and the T4-R portion is 15,000 SF. The buildable potential is approximately 450,000 SF/ 562,500 SF under Miami 21 by using optional public benefits, with Live Local this increases to 1,080,000 SF. The total combined Density potential is 115 units with Miami 21 or 701 units under Live Local. With regards to the T4-R portion, developers could either use it as a parking lot to support the live local project on the T6-8-O portion, or they can develop it in accordance with the T4 zoning regulations in Miami21.,County Or Parish:Miami-Dade County,Frontage Length:300,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:The site is best served by being entitled through a Live- Local/SB102 process, the height is unlimited subject to MDAD and FAA regulations so ones only limitation on this property will be based on how creative developers handle parking within the building envelope. Possibilities for parking reductions exist, the site meets qualification criteria to further up-zone the T4-R portion via a variance to further increase its buildable potential as well. Feasibility with no waivers and a modest parking reduction of 10-30% put the conservative density between 230-300 units.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1410,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:BRICKELL RIVERVIEW,Tax Annual Amount:25623,Unparsed Address:140 NW 8th Ave, Miami FL 33128,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:Public Road,Sign On Property Y N:1,Building Area Units:Square Feet,Lot Size Dimensions:300x150,Lot Size Square Feet:45000,M I A M I R E_ L P Amt Sq Ft:217.7778,Original List Price:9800000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Little Havana Urban Core Development Site. In the east part of the neighborhood lies this amazing 45,000 sf lot assemblage; the T6-8-O portion is 30,000 SF, and the T4-R portion is 15,000 SF. The buildable potential is approximately 450,000 SF/ 562,500 SF under Miami 21 by using optional public benefits, with Live Local this increases to 1,080,000 SF. The total combined Density potential is 115 units with Miami 21 or 701 units under Live Local. With regards to the T4-R portion, developers could either use it as a parking lot to support the live local project on the T6-8-O portion, or they can develop it in accordance with the T4 zoning regulations in Miami21.,Additional Parcels Y N:1,Listing Contract Date:2025-05-01,Originating System I D:miamire,Public Survey Section:38,Showing Instructions:Call Listing Agent,Sign On Property,Street Number Numeric:140,Tax Legal Description:38 54 41 BRICKELLS RIVERVIEW PB 5-43 N95FT LOT 1 & N95FT OF LOT 2 BLK 4 LOT SIZE 9500 SQUARE FEET,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more information,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2025-05-01,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,Internet Automated Valuation Display Y N:1,