An exclusive opportunity to purchase a development site with 39,975 SF with zoning permitting up to 150 units per acre to be built, or up to 300 hotel units per acre or mixed use. Zoned T6-8 Open, T3 Open, with a potential to request the T3 to rezone to T4 or T6 per the City of Miami. The development site currently nets approximately $288,000 annually. This prime corner lot has 143 ft of frontage on SW 8th St with daily traffic of 22,500 vehicles per day. Located in Little Havana in a Central Business District, 2 miles from Coconut Grove, 3 miles from Coral Gables, 3 miles from Brickell, 2 minutes from Miami Dade College (Padron Campus) and 10 minutes from the MIA Airport. Sale includes 4 folios.