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$2,200,000
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Property Description
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.
Full Property Details
Full Property Details for 5769-5779 SW 8 St
General
- Sold For: $2,200,000
- Taxes: (2024)
- Status: Closed
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11887713
- Added to Site: 143 day(s) ago
Location
- County: Miami-Dade County
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Electricity Connected, Other Utilities Available, Other
Structural Information
- Structure Type: Commercial
- Detached/Attached: Detached
- Current Bldg. Use: Other Usage, Income (Other)
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 15,000
- Lot Dimensions: 150 x 100
- Frontage Feet: 150
- Lot Features: City Location, Urban Area Development, Less Than 1 Acre, Regular Lot
- Potential Use: Unknown/Withheld, Central Urban, Urban Commercial
- Zoning: T6-8-O
Financial Considerations
- Tax Year: 2024
Disclosures and Reports
- Legal Description: TAMIAMI CENTER PB 15-51
- Property ID: 01-40-01-009-0190
Listed and Sold by The Corcoran Group
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Price & Sales History for 5769-5779 SW 8 St
Date
Details
Price
Change
Source
2/10/2026
Sold
$2,200,000
-12%
MLS
9/30/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5769-5779 SW 8 St, Miami, FL 33144 (MLS# A11887713) is a Commercial Land property that was sold at $2,200,000 on February 10, 2026. Want to learn more about 5769-5779 SW 8 St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

