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160-174 NW 79th St 0.48 Acres of Residential Land Offered at $3,800,000 in Miami, FL 33150

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EXECUTIVE SUMMARY

Take advantage of this prime opportunity to purchase a 20,906 sq ft development site on Little River, steps away from a developer proposal for a massive project in Miami's West Little River neighborhood. This major development features thousands of mixed-income residential units, commercial spaces, and more. This site for sale permits the construction of an eight-story building with various uses, including Residential units of up to 72 units, Hospitality of up to 144 units, Office space, and Other permitted uses. Additionally, the developer can enjoy a gross income of $208,800 annually while the project is being developed. For more detailed information, please get in touch with the listing agent.

ATTACHMENTS

Land OM (5)

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual -
Annual Per AC -

PROPERTY FACTS

Price $3,800,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Hospitality
  • Apartment Units
Total Lot Size 0.48 AC
No. Stories 1
Opportunity Zone Yes
Zoning T6-8-O - COMMERCIAL - NEIGHBORHOOD-

1 LOT AVAILABLE

Lot

Price $3,800,000
Price Per AC $7,916,666.67
Lot Size 0.48 AC
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01-3112-048-0140
  • 01-3112-048-0150
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,990,678 (2025)
  • Listing ID: 33404231

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 160-174 NW 79th St, Miami, FL 33150

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