5769-5779 SW 8th St Miami, FL 33144
Flagami NeighborhoodEstimated payment $15,754/month
0.34
Acre
$7,352,941
Price per Acre
14,810
Sq Ft Lot
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 150x100
- Property is zoned T6-8-O
Location
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 01-40-01-009-0190
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $2,500,000 | -- | -- |
Source: MIAMI REALTORS® MLS
About the Listing Agent
Cyril Bijaoui is a leading force in South Florida’s luxury real estate market, with over $1 billion in residential and commercial transactions—including $250 million in the past two years alone.
With more than two decades of experience, Cyril specializes in high-value, high-complexity deals for a global clientele of buyers, sellers, developers, and institutional investors. As both a licensed real estate broker and certified general contractor, he brings a rare dual perspective that
Cyril's Other Listings
Source: MIAMI REALTORS® MLS
MLS Number: A11887713
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