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Calle Ocho Ground Lease 1888 SW 8th St 0.29 Acres of Commercial Land for Lease in Miami, FL 33135
Highlights
- (Calle Ocho), one of Miami's most iconic streets.
- Showcasing Latin American and Caribbean culture, Calle Ocho is the largest Hispanic street festival in the United States
- Home to the annual Calle Ocho Festival, celebrating Hispanic culture, drawing over 1 million attendees each year.
LOT Available
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.29 AC |
| Lease Term | 5 Years |
| Rental Rate | |
| Lease Term | 5 Years |
| Lot Size | 0.29 AC |
Little Havana 1888 | 1888 SW 8th St, Miami, FL 33135 Folio: 01-4110-063-2940 Lot Size: 12,597 SF Zoning: T6-8-O (Urban Core) Offering For Lease (NNN – Long Term) Asking Rent: $6.50/SF/YR NNN (Negotiable based on terms) Annual Base Rent: ~$81,880 Monthly Base Rent: ~$6,823 Structure: NNN (tenant responsible for taxes, insurance, maintenance) Flexible Deal Structures Available Long-term lease JV opportunities considered Seller financing available (for sale scenario) Property Overview Prime hard corner land opportunity on Calle Ocho, positioned in the heart of Little Havana’s cultural and retail corridor. Located just two blocks from Domino Park, this site benefits from constant pedestrian flow, strong tourism activity, and dense local population. Direct frontage on SW 8th St (US-41) Exceptional visibility and signage exposure Ideal for experiential retail, food & beverage, or recreational concepts (Padel, etc.) Clean, rectangular site with development flexibility Transit & Accessibility MDT Route 8 runs directly along SW 8th St connecting to Brickell Free City of Miami Trolley (Little Havana Route) enhances access and foot traffic Strong connectivity to Brickell, Downtown, and surrounding neighborhoods Zoning Snapshot – T6-8-O (Urban Core) Flexible high-density zoning allowing: Residential / Multifamily Retail & Restaurants Hospitality (Hotel / Boutique Inn) Office / Medical Entertainment Uses Development Envelope: Min: 2 stories Max: 8 stories Pedestrian-oriented frontage (All development subject to city verification) Market Positioning Retail rents in the corridor typically range $35–$40/SF/YR NNN for built product This offering provides a low entry basis for land control Ideal for operators seeking high-visibility presence without full acquisition cost Key Advantages ? Hard corner exposure on Calle Ocho ? Transit-rich, walkable location ? Strong tourism + local demand drivers ? Flexible zoning for multiple concepts ? Competitive land lease pricing Important Notes NNN Lease Structure Tenant responsible for all permits and approvals Property delivered as-is Ownership open to long-term agreements and structured deals
Property Overview
Development Potential Given the strategic location on SW 8th St, there are several attractive development opportunities. Mixed-Use Developments: Ground-floor retail or restaurant spaces with residential units above. Potential for vertical developments with commercial use on the first floor and multifamily housing or office spaces on upper floors. Hospitality and Lodging: Boutique hotels or inns to accommodate the influx of tourists visiting Little Havana. Office and Commercial Spaces: Development of office buildings catering to local businesses, startups, and co-working spaces. Retail establishments, entertainment venues, and food service businesses that serve both residents and tourists. Site Characteristics: The area features a network of small blocks, promoting walkability and a vibrant street life. Thoroughfares with wide sidewalks and steady tree planting create a pedestrian-friendly environment. Buildings Set Close to the Frontage: Buildings are designed to be set close to the frontage, with frequent doors and windows, enhancing street-level interaction and accessibility.
Property Facts
Presented by
Viva Investment
Calle Ocho Ground Lease | 1888 SW 8th St
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