Prime Coral Gables 1.57-Acre Assemblage
Prime Full-Block T6-8 Development Opportunity in Coral Gables
Marketing description
Prime Coral Gables 1.57-Acre Assemblage offers a rare opportunity to acquire a full city block along the highly trafficked SW 8th Street corridor in the heart of Miami’s urban core. Featuring direct Coral Gables frontage, the assemblage consists of multiple income-producing properties including two motels, retail storefronts, a laundromat, a freestanding commercial building and rear duplexes.
The property is zoned T6-8, allowing for exceptional density with estimated by-right development potential of approximately 250 residential units, making it ideal for multifamily, mixed-use or hospitality redevelopment. The existing improvements provide interim income while pursuing future development plans.
Strategically located minutes from Coral Gables, Brickell, Coconut Grove and Miami International Airport, the site benefits from immediate access to major employment centers, retail destinations, transit infrastructure and surrounding residential demand. Large-scale assemblages of this size and zoning are increasingly scarce, positioning this offering as one of the premier redevelopment opportunities currently available in Miami-Dade County.
Investment highlights
This rare 1.57-acre full-block assemblage presents a premier redevelopment opportunity along Miami’s highly trafficked SW 8th Street corridor with direct Coral Gables frontage. Zoned T6-8, the property offers exceptional density with estimated by-right potential for approximately 250 residential units. The site includes multiple income-producing assets, providing interim cash flow while planning redevelopment. Strategically located minutes from Brickell, Coral Gables, Coconut Grove and Miami International Airport, the property benefits from strong connectivity to major employment centers, retail corridors and transit infrastructure within one of Miami’s most supply-constrained urban submarkets.
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