The site is a 14,000 sf nearly square corner lot located in the city of miami, zoned t6-8-o with plans in place for an 83 room hotel, or an 8 unit mixed use apartment building with ground floor retail although a much denser building could be built up to 48 apartment units. Building plans could be made a part of the sale and combined are worth over $500k already spent by owner. Building permit has not been pulled yet but could easily be obtained by a new buyer using seller's construction drawings. Superbly located lot on a commanding corner of the major urban corridor that is the world renowned sw 8 st, 'calle ocho'. This lot has excellent frontage and visibility with exceptional signage possibilities, being located at the intersection of sw 8 st & sw 5 av.
