1477 NW 79th St - Site Plan Approved Development 0.36 Acres of Commercial Land Offered at $1,695,000 in Miami, FL 33147

THE ALPHA COMMERCIAL ADVISORS PRESENTS A SITE PLAN APPROVED OPPORTUNITY WITH FULL-BLOCK FRONTAGE ON WEST LITTLE RIVER’S CRITICAL NW 79TH STREET PATH TO PROGRESS.
Located within Miami-Dade’s North Central Urban Area District at the frontier of development West of I-95, this corridor is rapidly transforming, with large-scale projects by Swerdlow, Lennar, and Related delivering thousands of new housing units, retail, and employment to the area, joined by numerous ASPR-approved infill sites slated to bring everything from indoor padel courts to ground-up retail plazas and massive transit-oriented lifestyle hubs.
The subject site is fully-approved for a 126-unit Live Local project, offering both entitlement certainty and design flexibility, as the seller is open to scaling back height & density to meet a buyer’s program. With Opportunity Zone designation, Live Local eligibility, and site plan approval already baked-in, the site provides strong fundamentals and long-term upside as development momentum continues picking up speed on this high-traffic.
Frontier of Growth: Positioned peripherally to the urban core amongst transformative projects totaling 10,000+ planned units and establishing NW/NE 79th Street as Miami’s next big development corridor.
Fully-Approved Project: Full site-plan-approval secured for 126 units plus ground-floor retail with seller flexibility to scale back height and density to meet buyer objectives.
Opportunity Zone + Live Local Incentives: Combines federal and local programs offering bonus density, reduced parking ratios, and long-term tax advantages.
High-Traffic Location: Full-block frontage on bustling NW 79th Street, experiencing upwards of 36,500 daily vehicles with ready-access to both public transit and infrastructure.