Unique Calle Ocho Covered Land Play. Retail complex producing $414,000 in income with excess land still to be rented, on 34,227sf of T68O land. Land by right allows for 117 units, or 234 units if taping into affordable density bonuses or going for hospitality uses, mixed with retail, office, and more. This prime development site fronts the new 320 unit luxury In-Town , across from 244 unit Altis Little Havana, and other upcoming developments. but with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents. Little Havana is centric to all major employments centers of Miami, with great transit connectivity.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$59.9K
Per Month
Principal & Interest
$59.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$36K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.22 miles
Public District Grades PK-5
Middle School
5
/10
Shenandoah Middle School
1950 SW 19th St
Distance between this listing and this school0.84 miles
Public Magnet Grades 6-8
High School
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.63 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Shenandoah Elementary School
1023 SW 21st Ave
Distance between this listing and this school0.22 miles
Public District Grades PK-5
Nearby Schools
3
/10
Alpha Charter of Excellence
1223 SW 4th St
Distance between this listing and this school0.80 miles
Public Charter Grades KG-5
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.90 miles
Public District Grades PK-5
Assigned Schools
5
/10
Shenandoah Middle School
1950 SW 19th St
Distance between this listing and this school0.84 miles
Public Magnet Grades 6-8
Nearby Schools
8
/10
Bridgeprep Academy Interamerican Campus
621 Beacom Blvd
Distance between this listing and this school0.56 miles
Public Charter Grades KG-8
9
/10
International Studies Charter Middle School
2480 SW 8th St
Distance between this listing and this school0.58 miles
Public Charter Grades 6-8
Assigned Schools
5
/10
Miami Senior High School
2450 SW 1st St
Distance between this listing and this school0.63 miles
Public Magnet Grades 9-12
Nearby Schools
9
/10
International Studies Charter High School
2480 SW 8th St
Distance between this listing and this school0.58 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.94 miles
The neighbors living near this home have an average income of $16,285. The majority of Miami, FL residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1923 SW 8th St
What is the listing price of this property?
The listing price of 1923 SW 8th St property is $12,000,000.
What type of property is this?
The property 1923 SW 8th St is land located in Miami, Florida, 33135.
Is this property for sale now?
Active Listing: 1923 SW 8th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1923 SW 8th St are: Shenandoah Elementary School: GreatSchools Rating 7/10Shenandoah Middle School: GreatSchools Rating 5/10Miami Senior High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $28,752 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1923 SW 8th St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This home sits on a 0.70 acre lot. It has been listed on Rocket Homes since June 08, 2023 and is currently priced at $12,000,000.
While more than 120 listings in Miami, FL in April 2024 were sold above asking price, there were more than 157 listings sold at asking price, and more than 608 were sold below. The inventory of homes for sale in Miami, FL between March 2024 and April 2024 increased by 7.2%. While the average time on the market in April 2024 was 56 days, the median list price was $546,178.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is 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. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
H&M
Burlington
Foot Locker
Boston Market
White Castle
Little Caesars
Honda
Kia
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary