728 NW 79 Street | Miami, FL 33150
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- LoopNet Team
728 NW 79 Street
Miami, FL 33150
Prime Mixed-Use Redevelopment Opportunity · Retail Property For Sale
Investment Highlights
- Prime Miami Location – ±42,000 SF site with 189’ frontage on NW 79th St and direct visibility from I-95 (207,000+ AADT).
- Immediate Income Stream – Fully operational nightclub, bar, and restaurant producing 6%+ current NOI with 20%+ pro forma NOI.
- Seller Financing Available – Attractive terms, ideal for developers and investors looking to leverage capital.
- Live Local Act Eligible – Maximize density up to 843 units; practical build-out of 300–500 residential units with ground-floor retail.
- Rare 4COP Liquor License – Highly coveted license type no longer issued by the City of Miami.
- Flexible Redevelopment Potential – Up to 13 stories, including 2–3 levels of structured parking plus a retail podium.
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,129 SF
Building Class
C
Year Built/Renovated
1941/2024
Building Height
3 Stories
Building FAR
0.36
Lot Size
0.84 AC
Zoning
NCUAD + T5-O - Zoned NCUAD + T5-O, 42,000 SF lot, Live Local eligible, ideal for mixed-use, retail, office, or redevelopment.
Parking
175 Spaces (13.33 Spaces per 1,000 SF Leased)
Frontage
189’ on 79th St
Amenities
- 24 Hour Access
- Freeway Visibility
- Restaurant
- Security System
- Air Conditioning
- Balcony
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,257,462 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,257,462
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