Log In/Sign Up
Your email has been sent.
729 NE 85th St - Value-Ready Infill Development Site 0.12 Acres of Residential Land Offered at $675,000 in Miami, FL 33138
Investment Highlights
- T5-R zoning allows for development up to seven (7) residential units across five (5) stories by right
- Immediately accessible to the main NE 79th Street and Biscayne Boulevard commercial corridors
- Vacant infill parcel without pre-existing entitlements and priced as raw dirt
- Positioned within a key growth market shaping North Miami-Dade’s next cycle
Executive Summary
THE ALPHA COMMERCIAL ADVISORS® PRESENTS A BLANK SLATE INFILL DEVELOPMENT OPPORTUNITY READY FOR ENTITLEMENTS IN THE EAST-OF-BISCAYNE
SHORECREST NEIGHBORHOOD.
With T5-R zoning in place, this boutique vacant land parcel allows for the development of up to seven (7) residential units across five stories by-right, providing a straightforward framework without the baked-in premium or typology constraints of pre-existing entitlements.
Located in the desirable Easternmost pocket of the Little River area between high-traffic Biscayne Boulevard and the bay, the property offers the best of both worlds with walkable access to retail, and dining plus unmatched accessibility throughout the region via the NE 79th Street corridor. Surrounded by a robust pipeline of new construction, the site is well positioned to benefit from continued neighborhood momentum, strong absorption, and long-term value creation.
PROPERTY HIGHLIGHTS
By-Right Multi-Family Zoning: T5-R zoning allows for development up to seven (7) residential units across five (5) stories by right, offering a clear framework for development
without the need for bonus height and density.
Clean-Slate Site with Design Flexibility: Vacant infill parcel without pre-existing entitlements and priced as raw dirt, providing developers the ultimate flexibility to design a project tailored to market demand and neighborhood context while keeping acquisition costs manageable.
Eastern Location + Walkable Neighborhood Connectivity: Immediately accessible to the main NE 79th Street and Biscayne Boulevard commercial corridors, offering convenient
access to Little River’s dining and retail scene from the more tranquil Shorecrest pocket.
Surrounded by Active Development Momentum: Positioned within a key growth market shaping North Miami-Dade’s next cycle — with immediate upside from an active
development pipeline of new mixed-use projects and stability from the established residential fabric of Miami Shores immediately north.
SHORECREST NEIGHBORHOOD.
With T5-R zoning in place, this boutique vacant land parcel allows for the development of up to seven (7) residential units across five stories by-right, providing a straightforward framework without the baked-in premium or typology constraints of pre-existing entitlements.
Located in the desirable Easternmost pocket of the Little River area between high-traffic Biscayne Boulevard and the bay, the property offers the best of both worlds with walkable access to retail, and dining plus unmatched accessibility throughout the region via the NE 79th Street corridor. Surrounded by a robust pipeline of new construction, the site is well positioned to benefit from continued neighborhood momentum, strong absorption, and long-term value creation.
PROPERTY HIGHLIGHTS
By-Right Multi-Family Zoning: T5-R zoning allows for development up to seven (7) residential units across five (5) stories by right, offering a clear framework for development
without the need for bonus height and density.
Clean-Slate Site with Design Flexibility: Vacant infill parcel without pre-existing entitlements and priced as raw dirt, providing developers the ultimate flexibility to design a project tailored to market demand and neighborhood context while keeping acquisition costs manageable.
Eastern Location + Walkable Neighborhood Connectivity: Immediately accessible to the main NE 79th Street and Biscayne Boulevard commercial corridors, offering convenient
access to Little River’s dining and retail scene from the more tranquil Shorecrest pocket.
Surrounded by Active Development Momentum: Positioned within a key growth market shaping North Miami-Dade’s next cycle — with immediate upside from an active
development pipeline of new mixed-use projects and stability from the established residential fabric of Miami Shores immediately north.
Property Facts
| Price | $675,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Property Type | Land | ||
| Zoning | T5-R - By-right allowances for mid-rise multifamily development, Max Density: 7 units (65 du/acre), Max Height: 5 stories. | ||
| Price | $675,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.12 AC |
| Zoning | T5-R - By-right allowances for mid-rise multifamily development, Max Density: 7 units (65 du/acre), Max Height: 5 stories. |
1 Lot Available
Lot
| Price | $675,000 | Lot Size | 0.12 AC |
| Price Per AC | $5,625,000.00 |
| Price | $675,000 |
| Price Per AC | $5,625,000.00 |
| Lot Size | 0.12 AC |
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Number | 01-3207-003-0620 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $88,624 |
Property Taxes
Parcel Number
01-3207-003-0620
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$88,624
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
729 NE 85th St - Value-Ready Infill Development Site
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.