$14,500,000
SOLD AUG 29, 2025
1.42 Acres
$10,211,268 Price per Acre
61,855 Sq Ft Lot

Recently Sold

36% Below List Price

714 Days on Market

About This Lot

As of August 2025

PG Capital Realty is pleased to present Calle 8 Assemblage in the heart of Little Havana. The Assemblage measuring 1.42 Acres (61,678 SqFt) of contiguos land. This great Mixed-Use Development Site is Located on major SW 8th corridor and the highly desirable area of Miami (West Brickell area). The land consist of 54,400 SF zoned T6-8 O and 7,278 SF zoned T5-L. This lot has access to 7th Street too. Mixed use for Residential Condo, Retails, Restaurants, banking, Office and others. Opportunity Zone / Tax Benefits to Investors. Land allows for 199 units by right with retails space on ground floor, or 398 units for affordable density, short term rent, or hospitality uses. "Income Producing" NOI $229K/Yr. This sale includes a corner commercial building rented until November 2026.

Last Agent to Sell the Property

Esmir Palacios

PG Capital Realty LLC License #3258742 Listed on: 06/07/2023

Last Buyer's Agent

Esmir Palacios

PG Capital Realty LLC License #3258742 Listed on: 06/07/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $159,653

Lot Details

  • 1.42 Acre Lot
  • Lot Dimensions are 400x132
  • Additional Parcels
  • Property is zoned 6100

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Brickells Riverview Condos
  • Brickells Riverview Subdivision

Listing and Financial Details

  • Tax Lot 61678
  • Assessor Parcel Number 01-41-38-003-2280

Property Details

Property Type

Land

Est. Annual Taxes

$159,653

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Directions: SW 8th St & 9 Av in Little Havana.
  • Horses: No
  • Lot Size Acres: 1.42
  • Lot Size: 400x132
  • New Construction: No
  • Road Frontage Type: City/County Maintained, State Road
  • Subdivision Name: BRICKELLS RIVERVIEW
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Unknown/Withheld, Intensive Development, Professional, Urban Commercial

Exterior Features

  • Lot Features: City Location, 1-2.5 Acres
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BRICKELLS RIVERVIEW

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Water Connected, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-38-003-2280
  • Additional Parcels: Yes
  • Current Use: Unimproved Business/Commercial, Other Usage
  • Lot Size Sq Ft: 61678
  • Zoning: 6100

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 159653
  • Tax Lot: 61678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 28, 2025
Sold by
Auyantepuy Investments Llc
Bought by
City Of Miami
Seller's Agent
Esmir Palacios
PG Capital Realty LLC
Buyer's Agent
Esmir Palacios
PG Capital Realty LLC
List Price
$22,500,000
Sold Price
$14,500,000
Premium/Discount to List
-$8,000,000
-35.56%
Views
115

Purchase Details

Closed on
Dec 16, 2016
Sold by
Gissin Steven
Bought by
Auyantepuy Investments Llc

Purchase Details

Closed on
May 15, 2014
Sold by
Gissin Armand and Gissin Ruth
Bought by
Amended and Revocab Restated Armand
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $14,500,000 None Listed On Document
Deed $3,350,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $14,500,000 -10.5% --
05/21/2025 05/21/25 Pending -- -- --
02/12/2025 02/12/25 Price Changed $16,200,000 -3.0% --
11/28/2024 11/28/24 Price Changed $16,700,000 -2.9% --
08/27/2024 08/27/24 Price Changed $17,200,000 -2.8% --
04/30/2024 04/30/24 Price Changed $17,700,000 -2.7% --
12/18/2023 12/18/23 Price Changed $18,200,000 -6.7% --
11/30/2023 11/30/23 Price Changed $19,500,000 -8.5% --
09/06/2023 09/06/23 Price Changed $21,300,000 -5.3% --
06/07/2023 06/07/23 For Sale $22,500,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $43,194 $2,149,679 $1,750,000 $399,679
2024 $43,948 $2,156,125 $1,750,000 $406,125
2023 $43,948 $2,025,000 $1,750,000 $275,000
2022 $44,199 $2,143,990 $1,750,000 $393,990
2021 $44,741 $2,105,792 $1,750,000 $355,792
2020 $44,964 $2,111,182 $1,750,000 $361,182
2019 $42,867 $2,100,793 $1,750,000 $350,793
2018 $38,109 $1,895,952 $1,540,000 $355,952
2017 $20,782 $665,500 $0 $0
2016 $27,337 $1,142,809 $0 $0
2015 $26,163 $1,038,918 $0 $0
2014 $21,419 $944,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11399867

MIAMI REALTORS® MLS

APN: 01-4138-003-2280