Home » Properties » 471 & 719 SW 8th St & 5th Av, Miami FL 33130

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Prime Commercial Development Site in Miami’s Brickell West

19,000 sqft corner lot in Miami’s dense T6-8-O zone with plans for 209 units, parking, and retail on SW 8th St & 5th Ave.

$13,000,000

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MLS #A11802424

Listing Updated: 2026-08-01 12:36:14

Listed By: The Corcoran Group

Overview

This prime commercial property offers a rare development opportunity in Miami’s Brickell West district. Situated on a 19,000 sqft corner lot, the site benefits from the city’s most dense zoning classification, T6-8-O, allowing for up to 209 residential units complemented by parking facilities and ground-floor retail spaces. The location commands a strategic position on SW 8th Street, also known as 'Calle Ocho,' a major urban corridor that leads directly into Miami’s central business district and the vibrant Brickell City Centre.Accessibility is a key advantage, with easy vehicular routes connecting to Brickell, Downtown Miami, Coral Gables, and Interstate 95. The property includes modern parking features such as electric vehicle charging stations and garage spaces under the building, supporting both residents and retail visitors. This site is ideal for developers seeking a high-density, mixed-use project in one of Miami’s most dynamic neighborhoods.

Property Highlights

19,000 sqft corner lot; Zoned T6-8-O for up to 209 units; Includes parking and retail plans; Located on SW 8th St 'Calle Ocho'; Close to Brickell CBD and City Centre; Easy access to major routes; Electric vehicle charging stations; Garage under building.

Property Details

City: Miami

State: FL

Zip Code: 33130

Address: 471 & 719 SW 8th St & 5th Av, Miami FL 33130

Year Built:

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: The Corcoran Group

County: Miami-Dade County

Garage Spaces:

Parking Features: Electric Vehicle Charging Station(s), Garage, Garage-Under Building

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $35,230

Days On Market: 389 Days

Original Listing Description

Core Development Opportunity: Brickell WestThe site is a 19,000 sq ft corner lot situated in the city of Miami’s most dense zoning of T6-8-O with plans and LLA entitlements for up to 209 units with parking and ground floor retail.Superbly located lot on a commanding corner of the major urban corridor that is the world renowned SW 8 ST, 'Calle Ocho' leading directly into the core center of Miami’s CBD and Brickell City Centre.Easily accessible vehicular arteries to Brickell, Downtown, Coral Gables and I-95.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

471 & 719 SW 8th St & 5th Av, Miami FL 33130

About This Neighborhood

Located in the heart of Miami’s Brickell West, this property sits on a bustling urban corridor known as SW 8th Street or 'Calle Ocho.' The neighborhood is characterized by its dynamic mix of commercial, residential, and retail spaces, with easy access to downtown Miami, Brickell, and Coral Gables. The area is well-served by major roadways, offering convenient connectivity and vibrant city living.

Walkability & Lifestyle

This site is highly walkable, situated on SW 8th Street, a vibrant corridor filled with restaurants, shops, and cultural venues. Residents can enjoy easy access to nearby parks, waterfront areas, and public transit options. The walkability supports an urban lifestyle with daily conveniences within reach.

Things To Do Nearby

Nearby attractions include the lively Brickell City Centre with shopping, dining, and entertainment options. Residents and visitors can enjoy waterfront parks, marinas, and cultural events along SW 8th Street. The area offers a rich mix of nightlife, recreational activities, and urban amenities.

Nearby Schools

The Brickell West area provides access to a variety of educational institutions, including public and private schools within reasonable commuting distance. Families and residents benefit from convenient access to quality education options, enhancing the neighborhood’s appeal for long-term living.

Why Buyers Like This Area

Buyers value this location for its central position in Miami’s urban core, offering excellent connectivity and access to major commercial and entertainment districts. The zoning allows for a substantial development footprint, appealing to those seeking to build mixed-use projects with residential and retail components. The vibrant neighborhood lifestyle and infrastructure support make it a preferred choice.

Investment Potential

This commercial lot in Miami’s Brickell West offers significant development potential due to its dense zoning and prime location. The entitlement for up to 209 residential units with parking and retail space creates opportunities for a mixed-use project that can attract diverse tenants and buyers. The proximity to Miami’s CBD and Brickell City Centre enhances the appeal for future residents and retail operators, making it a strategic site for long-term development plans.

Market Trends

Miami’s real estate market continues to show strong demand for high-density, mixed-use developments, especially in the Brickell and downtown areas. Properties with entitlements for residential units and retail space are particularly attractive to developers aiming to capitalize on urban growth and lifestyle trends. Inventory in prime locations like this remains limited, supporting sustained interest from buyers and investors.

Rental Income Potential

Given the location and zoning, this property has strong appeal for rental markets, particularly for residential tenants seeking proximity to Miami’s business and entertainment hubs. The inclusion of ground-floor retail space can enhance tenant amenities and attract diverse commercial tenants, contributing to the overall desirability and usability of the development.