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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


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Frequently Asked Questions

How do I schedule a tour of 1731 SW 8th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1731 SW 8th St.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1731 SW 8th St?

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.

How do I get a virtual tour of 1731 SW 8th St?

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.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1731 SW 8th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Miami-Dade County. They will give you all of your available financing options, based on your specific situation and what is available to you.

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.

How do I make an offer on 1731 SW 8th St?

We can handle that for you. Our preferred local agent specializes in lands in Miami and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

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