A $88.6M construction project has been permitted at 120 SW 8 ST, Miami, FL 33130 in miami-dade. The building permit (C2024102287) was issued on 2025-05-06 and is currently active / under construction.

The project is being built by JUNEAU CONSTRUCTION COMPANY LLC. The scope of work includes: general (county).

The property is owned by 1ST AND 8TH TRUSTEE LLC TRS C/O PROPERTY MARKETS GROUP, with a mailing address at 398 NE 5 ST 13FL, MIAMI, FL, 33132. 1ST AND 8TH TRUSTEE LLC TRS C/O PROPERTY MARKETS GROUP is a business entity that may be a development company or investment vehicle for this project.

The current assessed value of the land/property is $3,675,000 (2025). With the $88.6M construction investment, the total development value will significantly exceed the current assessment.

The property is zoned 6402 with a land use designation of Vacant Land - Commercial · Vacant Land.

There are 10 additional permits on file for this property, which may indicate a multi-phase development or renovation history.

Property

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Parcel: 0102050701030
Zoning: 6402
Land Use: Vacant Land - Commercial · Vacant Land

Property Owner

1ST AND 8TH TRUSTEE LLC TRS C/O PROPERTY MARKETS GROUP

398 NE 5 ST 13FL, MIAMI, FL, 33132

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Current Assessment

$3,675,000

Tax year 2025

Market: $3,675,000

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