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123 NE 79th St - 123-137 NE 79th St 1.04 Acres of Commercial Land Offered at $8,000,000 in Miami, FL 33138
INVESTMENT HIGHLIGHTS
- Located in Uptown Little River’s most active corridor
- Development of 155 residential units as of right
- The property spans 45,114 square feet and is zoned T6-8-O
EXECUTIVE SUMMARY
Exclusive Opportunity to Acquire a Prime Development Site in Miami’s NE 79th Street.
Located in Uptown Little River’s most active corridor, this exceptional site presents investors and developers with a unique chance to secure a prime asset offering vast development potential.
The property spans 45,114 square feet and is zoned T6-8-O, allowing for the development of 155 residential units as of right. Additionally, the site is eligible for SB102-Live Local, which offers increased density, providing even more potential for impactful development.
Situated within Miami’s vibrant Little River neighborhood, the site enjoys close proximity to the Biscayne Boulevard Corridor and Miami
Beach, with convenient access to major thoroughfares and Miami’s fastest-growing neighborhoods, including Edgewater, Midtown, and the Design District.
This is an unparalleled opportunity for developers and investors seeking to enter the Miami market and capitalize on the area’s dynamic economic growth.
Located in Uptown Little River’s most active corridor, this exceptional site presents investors and developers with a unique chance to secure a prime asset offering vast development potential.
The property spans 45,114 square feet and is zoned T6-8-O, allowing for the development of 155 residential units as of right. Additionally, the site is eligible for SB102-Live Local, which offers increased density, providing even more potential for impactful development.
Situated within Miami’s vibrant Little River neighborhood, the site enjoys close proximity to the Biscayne Boulevard Corridor and Miami
Beach, with convenient access to major thoroughfares and Miami’s fastest-growing neighborhoods, including Edgewater, Midtown, and the Design District.
This is an unparalleled opportunity for developers and investors seeking to enter the Miami market and capitalize on the area’s dynamic economic growth.
PROPERTY FACTS
| Price | $8,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | T6-8-O - Multifamily | ||
| Price | $8,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.04 AC |
| Opportunity Zone |
Yes |
| Zoning | T6-8-O - Multifamily |
1 LOT AVAILABLE
Lot
| Price | $8,000,000 | Lot Size | 1.04 AC |
| Price Per AC | $7,724,438.39 |
| Price | $8,000,000 |
| Price Per AC | $7,724,438.39 |
| Lot Size | 1.04 AC |
Exclusive Opportunity to Acquire a Prime Development Site in Miami’s NE 79th Street. Located in Uptown Little River’s most active corridor, this exceptional site presents investors and developers with a unique chance to secure a prime asset offering
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,606 | |
| Land Assessment | $3,963,690 | Total Assessment | $3,969,296 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,963,690
Improvements Assessment
$5,606
Total Assessment
$3,969,296
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123 NE 79th St - 123-137 NE 79th St
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