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633 NE 79th St - High-Exposure Development Site 0.22 Acres of Commercial Land Offered at $1,495,000 in Miami, FL 33138



Investment Highlights
- Prime positioning at Biscayne Blvd & NE 79th St with over 67,000 AADT, offering exceptional visibility and access
- Allowing up to 14 units by-right, the site supports a wide range of uses including multifamily, retail, office, hotel, and more
- Surrounded by national retailers including Wendy’s, Taco Bell, and CVS, as well as local F&B gems with direct proximity to the North Beach Marina
- Located in the rapidly evolving Little River area touting a massive development pipeline, walkability to neighborhood services, transportation plus
Executive Summary
THE ALPHA COMMERCIAL ADVISORS PRESENTS A STRATEGIC, HIGH-EXPOSURE DEVELOPMENT OPPORTUNITY AT THE MAIN BISCAYNE BOULEVARD & NE 79TH STREET INTERSECTION OF BOOMING LITTLE RIVER SUB-MARKET.
Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel, multi-family and mixed-use projects.
Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom & pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program.
The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead of real value appreciation.
Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel, multi-family and mixed-use projects.
Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom & pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program.
The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead of real value appreciation.
Property Facts
1 Lot Available
Lot
| Price | $1,495,000 | Lot Size | 0.22 AC |
| Price Per AC | $6,795,454.55 |
| Price | $1,495,000 |
| Price Per AC | $6,795,454.55 |
| Lot Size | 0.22 AC |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-3207-017-0310 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,103,011 |
Property Taxes
Parcel Number
01-3207-017-0310
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,103,011
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633 NE 79th St - High-Exposure Development Site
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