1113 NW 79th St - Retail FOR SALE


Miami, FL 33150- West Little River
$1,600,000 USD
305-785-2687
1113 NW 79th St, Miami, FL for Sale
$1,600,000 USD
Retail - FOR SALE
1/18
null | Request Cap Rate

1113 NW 79th St
Miami, FL 33150
West Little River


HIGHLIGHTS

  • 2,769 SF existing structure on a 21,780 SF rectangular lot with 66’ frontage.
  • Explosive Market Momentum: The broader Little River submarket is undergoing a dramatic transformation, backed by over $3B in active and planned new de
  • Favorable NCUAD Zoning & Opportunity Zone: Situated within a federal Opportunity Zone and zoned under the North Central Urban Area District (NCUAD), t
  • Recent 40-Year Recertification completed for building compliance.
  • Unrivaled Central Connectivity: Commuters and tenants enjoy immediate, seamless access to I-95 and SR-112, putting Miami's most critical economic hubs
  • GREAT ACCESS!! GREAT VISIBILITY!!!

OVERVIEW

MOTIVATED SELLER!!! 21,769 SF site that encompasses a 2,769 ASF retail/office structure on busy NW 79th Street. Property has just passed the 40 year Recertification. Under the Live Local Act you can build upto 12 stories and 250 units per acre. Great access – from NW 79th Street and 11th Ct. Plenty of Parking area - The Floor Area ratio is only 0.13. It is a rectangular shaped 66’ x 330’ lot. Its Current Land use is MIXED USE-STORE/RESIDENTIAL and it has NCUAD- North Central Urban Area District zoning classification. It is in an Opportunity Zone for Tax incentives and in a Community Redevelopment Area (CRA) where possible grants are available. Great Visibility and access. BRING ALL OFFERS!!!

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

NCU AD

APN/PARCEL ID

30-3111-000-0160

ASK ABOUT THIS PROPERTY

Sonia N Diaz CCIMThe Keyes Company - Commercial Sales & LeasingMore Info
305-785-2687

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Sonia N Diaz CCIMThe Keyes Company - Commercial Sales & LeasingMore Info
305-785-2687

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.