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4350 SW 8th St
Coral Gables, FL 33134
Land For Sale
·
0.73 AC


Investment Highlights
- Convenient access to major highways and Miami International Airport.
- Located minutes from Downtown Miami and Coral Gables business districts.
Executive Summary
BU-3B zoning district in Miami generally refers to Business District zoning that allows for a variety of commercial and mixed-use developments. Under the BU-3B zoning code, here's a breakdown of what you might be able to build:
1. Commercial and Retail Uses
Retail stores (e.g., clothing, grocery, and specialty stores).
Personal service establishments (e.g., beauty salons, dry cleaners, etc.).
Offices (e.g., professional, medical, or administrative offices).
Restaurants and cafes.
Banks and financial institutions.
2. Mixed-Use Developments
You may also develop properties with both commercial and residential uses. For example, you could have ground-floor retail and office spaces, with apartments or condominiums on the upper floors.
3. Commercial/Residential Buildings
Hotels or motels.
Multifamily residential buildings, such as apartments or condominiums, as long as they are part of a mixed-use project.
4. Parking Lots and Structures
Parking lots, garages, and structures are typically allowed to support the commercial use of the property.
5. Other Conditional Uses
Some uses may require a special permit or conditional use approval, such as:
Light manufacturing or assembly (typically non-polluting).
Cultural or recreational uses (e.g., art galleries, fitness centers).
Restrictions
Height and density limits: These depend on the exact location and the specific neighborhood plan. There may be restrictions on how tall or dense you can build.
Setback requirements: These will dictate how far from the street, property lines, or adjacent buildings you must build.
Parking requirements: Depending on the size and type of development, there may be minimum parking space requirements.
Lot #2
BU-2 (Business, General) zoning designation in Miami, you're allowed to develop a range of commercial and residential uses, but there are some specific guidelines to consider. Here are the general types of development permitted under BU-2 zoning:
1. Commercial Uses:
Retail businesses (e.g., shops, restaurants, cafes)
Offices (e.g., professional services, banks, medical offices)
Personal services (e.g., salons, dry cleaners, gyms)
Hotels, motels, or inns
Warehousing and distribution (with limitations)
Automotive businesses (e.g., car dealerships, service stations)
2. Residential Uses:
Multi-family residential buildings (e.g., apartment buildings, condominiums)
Mixed-use buildings (combining residential with commercial on lower floors)
3. Special Uses:
Daycare centers
Cultural facilities (e.g., museums, galleries)
Health-related facilities (e.g., clinics, outpatient care centers)
Restaurants and bars with liquor licenses
4. Accessory Uses:
Parking structures (either above or below ground)
Limited outdoor sales areas, depending on the specific location and use
Temporary structures for special events
Restrictions & Considerations:
Height Limits: You’ll be subject to height restrictions, depending on the area and proximity to residential zones. Typically, buildings can be up to 8 stories (though this can vary by location).
Setbacks: There may be requirements regarding the distance between your building and the property line, especially for residential uses.
Parking: Adequate parking spaces for residential and commercial uses must be provided.
Special Permits: For certain uses like drive-thru establishments or specific event spaces, you might need additional permits.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.73 AC |
| Zoning | BU-2/BU-3 - Business General/Mixed-use Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.73 AC |
| Zoning | BU-2/BU-3 - Business General/Mixed-use Commercial |
1 Lot Available
Lot
| Price | $15,764,085 CAD | Lot Size | 0.73 AC |
| Price Per AC | $21,548,411.29 CAD |
| Price | $15,764,085 CAD |
| Price Per AC | $21,548,411.29 CAD |
| Lot Size | 0.73 AC |
31,867 sqft lot for sale.
Description
This property offers a rare commercial land opportunity along SW 8th Street, one of Miami-Dade County’s most active and visible commercial corridors. The site provides exceptional frontage and exposure to high daily traffic, making it an attractive location for retail, office, or mixed-use development. Its flat topography and convenient access to major highways enhance development flexibility, while nearby utilities support efficient project execution. Located just minutes from Downtown Miami and Miami International Airport, the property benefits from strong regional connectivity and proximity to key business districts. The surrounding area features a mix of thriving businesses and growing residential communities, creating a dynamic environment for future commercial ventures. Zoned for commercial use, this parcel is well-positioned for investors and developers seeking a high-visibility site in a vibrant market.
Property Taxes
| Parcel Number | 30-4108-030-0050 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,252,426 CAD |
