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.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on October 4, 2026

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More Info

Basic Information

Current UseOther
List Price$8,000,000
MIAMIA12044492
MlsStatusActive
PublicSurveyRange41
Virtual TourView Tour

Tax Information

Tax Year2025

Location

Area41
Building Number1731
CountyMiami-Dade
SubdivisionLawnview
Zip33135

Utilities

SewerOther
UtilitiesCable Available, Electricity Available, Natural Gas Available, Other
Water SourcePublic

Basic Information

Property TypeLand
StatusActive

Property

Acreage0.69
Lot DescriptionLessThanOneAcre, Irregular Lot
Lot Size Area30,000
Lot Size Square Feet30,000
Number Of Lots2
Road Frontage TypeHighway
ZoningT6-8-O

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Grier Allen

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