HIGHLAND PARK

1163 NW 8th Ave, Miami FL 33136

Closed

$521,000

Est. Payment $2,773/mo

MLS Sheet Video

Days on Market

Description

Great opportunity for developers /investors to purchase a premium 5000 SqFt property. Lot currently has a 3 Bed, 1 Bath Home ready for rental income. Zoned T6-8 allows for max. eight (8) stories to be built, and is positioned in a rapidly developing area of Highland Park, just waiting for future development opportunities. The lot next door is also available (MLS:A10908114) for a total of 12,500SqFt of building potential! Property is located just steps away from The Culmer Metrorail Station, and within short distance to the University of Miami, Marlins Park, American Airlines Arena, and the 836, I-95 Expressways. Truly Premium building location. Don't miss this incredible opportunity!

Facts

MLS#: A10975178
Subdivision: HIGHLAND PARK
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 5,001 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 18 days
Listed: Dec 24, 2020
Last Updated: May 27, 2021
Price/Lot Sq.Ft.: $104/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/27/2021	Sold	$521,000
12/24/2020	Listed for sale	$521,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1163 NW 8th Ave, Miami FL 33136Directions

Estimated Monthly Payment

$3,357/mo

Principal & Interest

$2,773

Property Tax

$434

Insurance

$150

HOA

Down Payment20% ($104,200)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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