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1205 NW 79 St
Miami, FL 33147
West Little River 40-Unit Approved Project · Land For Sale
·
0.23 AC


Investment Highlights
- Full Miami-Dade County site plan approval already secured with construction documentation complete.
- Sky79's 40-unit, 6-story mixed-use program supports both a stabilized rental and retail income play, or a for-sale condominium execution.
- Offering studios, 1BR/1BA, and 2BR/2BA residences with private balconies, ground-floor retail, and partial on-site parking.
- A powerful trifecta of density-supportive zoning, federal tax incentives, and Live Local eligibility offering bonus density.
- Positioned at the epicenter of one of Miami's most actively transforming urban corridors with large-scale institutional developers.
Executive Summary
THE ALPHA COMMERCIAL ADVISORS PRESENTS SKY79--A FULLY APPROVED & LATE-STAGE PERMIT DEVELOPMENT OPPORTUNITY AT THE FRONTIER OF MIAMI'S RAPIDLY TRANSFORMING NW 79TH STREET CORRIDOR.
Located within Miami-Dade's North Central Urban Area District just west of I-95, Sky79 sits along the ultra high-traffic NW 79th Street transportation corridor--at the epicenter of a neighborhood undergoing dramatic transformation, with large-scale institutional developers and numerous ASPR-approved infill projects actively reshaping the area's residential and commercial landscape.
Fully entitled and construction-documented through Miami-Dade County, Sky79 is a 40-unit, 6-story mixed-use development offerings studios, 1 Bedroom/1 Bath, and 2 Bedroom/2 Bath residences with private balconies, and ground-floor retail--minutes from Little River, Downtown Miami, Wynwood, Midtown, and Brickell. With site plan approval already secured, Opportunity Zone designation, and Live Local eligibility adding further investor upside, the project supports both a stabilized rental income strategy and a for-sale condominium execution.
INVESTMENT HIGHLIGHTS
Fully Approved, Advanced-Stage Permit: Full Miami-Dad County site plan approval already secured with construction documentation complete and quickly approaching permit-ready status, offering an accelerated path from acquisition to groundbreaking with minimal entitlement risk.
NCUAD Zoning + Opportunity Zone + Live Local: A powerful trifecta of density-supportive zoning, federal tax incentives, and Live Local eligibility offering bonus density, reduced parking ratios, and long-term investor advantages for getting in early on this powerful path-of-progress.
Dual Exit Strategy: Sky79's 40-unit, 6-story mixed-use program supports both a stabilized rental and retail income play, or a for-sale condominium execution--two clearly defined, market-supported paths to return.
NW 79th Street Corridor Momentum: Positioned at the epicenter of one of Miami's most actively transforming urban corridors, with large-scale institutional developers and a growing pipeline of ASPR-approved infill projects driving sustained land value appreciation west of I-95.
Curated Unit Mix & Modern Design: Offering studios, 1BR/1BA, and 2BR/2BA residences with private balconies, ground-floor retail, and partial on-site parking--all wrapped in a contemporary architectural expression designed to attract and retain quality tenants or end-buyers.
Located within Miami-Dade's North Central Urban Area District just west of I-95, Sky79 sits along the ultra high-traffic NW 79th Street transportation corridor--at the epicenter of a neighborhood undergoing dramatic transformation, with large-scale institutional developers and numerous ASPR-approved infill projects actively reshaping the area's residential and commercial landscape.
Fully entitled and construction-documented through Miami-Dade County, Sky79 is a 40-unit, 6-story mixed-use development offerings studios, 1 Bedroom/1 Bath, and 2 Bedroom/2 Bath residences with private balconies, and ground-floor retail--minutes from Little River, Downtown Miami, Wynwood, Midtown, and Brickell. With site plan approval already secured, Opportunity Zone designation, and Live Local eligibility adding further investor upside, the project supports both a stabilized rental income strategy and a for-sale condominium execution.
INVESTMENT HIGHLIGHTS
Fully Approved, Advanced-Stage Permit: Full Miami-Dad County site plan approval already secured with construction documentation complete and quickly approaching permit-ready status, offering an accelerated path from acquisition to groundbreaking with minimal entitlement risk.
NCUAD Zoning + Opportunity Zone + Live Local: A powerful trifecta of density-supportive zoning, federal tax incentives, and Live Local eligibility offering bonus density, reduced parking ratios, and long-term investor advantages for getting in early on this powerful path-of-progress.
Dual Exit Strategy: Sky79's 40-unit, 6-story mixed-use program supports both a stabilized rental and retail income play, or a for-sale condominium execution--two clearly defined, market-supported paths to return.
NW 79th Street Corridor Momentum: Positioned at the epicenter of one of Miami's most actively transforming urban corridors, with large-scale institutional developers and a growing pipeline of ASPR-approved infill projects driving sustained land value appreciation west of I-95.
Curated Unit Mix & Modern Design: Offering studios, 1BR/1BA, and 2BR/2BA residences with private balconies, ground-floor retail, and partial on-site parking--all wrapped in a contemporary architectural expression designed to attract and retain quality tenants or end-buyers.
Property Facts
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 0.23 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | NCUAD - UC-Center Mixed-Use Corridor, Approved Project Density: 40 units, Approved Project Height: 6 stories, Approved Project Bldg. Area: 45,754 BSF | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.23 AC |
| Opportunity Zone |
Yes |
| Zoning | NCUAD - UC-Center Mixed-Use Corridor, Approved Project Density: 40 units, Approved Project Height: 6 stories, Approved Project Bldg. Area: 45,754 BSF |
1 Lot Available
Lot
| Price | $1,890,000 | Lot Size | 0.23 AC |
| Price Per AC | $8,217,391.30 |
| Price | $1,890,000 |
| Price Per AC | $8,217,391.30 |
| Lot Size | 0.23 AC |
Property Taxes
| Parcel Number | 30-3111-010-0190 | Improvements Assessment | $0 |
| Land Assessment | $391,720 | Total Assessment | $391,720 |
Property Taxes
Parcel Number
30-3111-010-0190
Land Assessment
$391,720
Improvements Assessment
$0
Total Assessment
$391,720
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