- Status:
- Active
- MLS #:
- A12044492
- Neighborhood:
- LAWNVIEW
- County:
- Miami-Dade
- Listed By:
- Mauricio Villasuso - Fausto Commercial Realty Consultants Inc
- Agent Phone:
- (305) 340-8901
- Agent Email:
- mv@faustocommercial.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
Mixed Use Calle Ocho Investment housing Iconic Lung Yai Restaurant. Positioned on Calle Ocho in the heart of Little Havana, this two-folio assemblage consists of 3 commercial units and 32 residential units situated on a 30,500 SF lot, offering strong in- place income and significant redevelopment potential in Miami’s fastest-growing urban neighborhoods. Little Havana continues to experience substantial growth due to its central location and connectivity to Miami’s major employment and lifestyle centers, including Downtown Miami, Brickell, Wynwood, the Health District, and Coral Gables. The property benefits from strong pedestrian traffic and prominent frontage along one of Miami’s most recognized commercial corridors. The asset is projected to generate approximately $640,000 in annual pro forma gross income and is home to the renowned Lung Yai Thai Tapas, one of Miami’s most iconic restaurant destinations. In addition to current cash flow, the site offers a compelling covered land play opportunity with long-term redevelopment upside in a supply-constrained market.
Highlights
- Land
- 0.69 Acre Lot
- 142 days on Market
-
- Acres
- 0.69
-
- Lot Features
- Irregular Lot
-
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Other
-
- Water
- Public
-
- Area
- 41
-
- County
- Miami-Dade
-
- City
- Miami
-
- Neighborhood
- LAWNVIEW
-
- Zip Code
- 33135
-
Nearby Schools
-
48out of 100
-
52out of 100
-
50out of 100
-
40out of 100
-
65out of 100
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53out of 100
-
50out of 100
-
51out of 100
-
51out of 100
-
99out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 06/16/2026 | Listed | $8,000,000 |
| Source: MIAMI REALTORS MLS #A12044492 | ||
Source: MLS Data
Deed History
| 01/31/2018 | Warranty Deed | $4,600,000 |
| 11/15/2013 | Warranty Deed | $1,760,000 |
| 09/30/2011 | Warranty Deed | $1,160,000 |
| 06/23/2011 | Trustee’s Deed (Certificate of Title) | $730,200 |
| 05/17/1996 | Quit Claim Deed (non-arm's length) | $30,000 |
| 05/10/1996 | Quit Claim Deed (non-arm's length) | $60,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 11/15/2013 | Open End with Future Advance Clause / Open End Mortgage | $1,408,000 |
| 07/02/2004 | Commercial | $1,400,000 |
Source: Public records via Constellation Data Labs
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There are currently 5210 properties available in Miami, with 158 under contract to close soon. Properties in the city have an average sale price of $1,257,857 and typically spend 145 days on the market before being sold.
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Source: ez Home Search, MLS Data
Frequently Asked Questions
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Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $8,000,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Miami, and can even get you in to see the property quickly.
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Yes! A virtual tour is available for 1731 SW 8th St. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 1731 SW 8th St?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1731 SW 8th St at around $43,377. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 1731 SW 8th St?
In most cases, yes. Whether 1731 SW 8th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Miami's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
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How long has this property been on the market?
1731 SW 8th St was listed on June 16, 2026, which means it's been on the market for 142 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
1731 SW 8th St sits on a 0.69-acre lot, which is 30,056 square feet.
Is 1731 SW 8th St still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.
Last Updated: November 05, 2026 at 05:52PM | Source: MIAMI REALTORS MLS | MLS#: A12044492
