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1113 NW 79th St
Miami, FL 33150
Retail Property For Sale
Investment Highlights
- 2,769 SF existing structure on a 21,780 SF rectangular lot with 66’ frontage.
- Favorable NCUAD Zoning & Opportunity Zone: Situated within a federal Opportunity Zone and zoned under the North Central Urban Area District (NCUAD), t
- Unrivaled Central Connectivity: Commuters and tenants enjoy immediate, seamless access to I-95 and SR-112, putting Miami's most critical economic hubs
- Explosive Market Momentum: The broader Little River submarket is undergoing a dramatic transformation, backed by over $3B in active and planned new de
- Recent 40-Year Recertification completed for building compliance.
- GREAT ACCESS!! GREAT VISIBILITY!!!
Executive Summary
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!!!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
2,769 SF
Building Class
C
Year Built
1931
Price
$1,600,000
Price Per SF
$577.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
NCU AD - 6062 - UC CENTER - MIXED USE CORRIDOR (MC) 6 MAX HT 6051 - UC EDGE - MIXED USE CORRIDOR (MC)
Frontage
66’ on nw 79 ST
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 30-3111-000-0160 | Improvements Assessment | $43,449 |
| Land Assessment | $871,200 | Total Assessment | $914,649 |
Property Taxes
Parcel Number
30-3111-000-0160
Land Assessment
$871,200
Improvements Assessment
$43,449
Total Assessment
$914,649
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