Basics
- Category: CommercialSale
- Type: Business, CommercialSale
- Status: Active
- Bathrooms: 0
- Floors: 3
- Lot size: 42000, 42000 sq ft
- Year built: 1941
- Address: 728, 79th St, Miami, FL, 33150
- County: Miami-Dade
- MLS ID: A11850778
Description
-
Description:
STEPHENS MANOR PB 14-18 LOTS 8 THRU 11 BLK 1 PR ADD 728 NW 79 ST LOT SIZE 100.000 X 105 OR 15916-0899 0593 2 Prime Mixed-Use Redevelopment – 728 NW 79th St, Miami, FL
Rare covered land play with immediate cash flow and major redevelopment upside in Miami’s booming NW 79th St corridor. ±42,000 SF across 7 folios with NCUAD + T5-O zoning, Live Local Act eligible, and Opportunity Zone designation. Includes 175+ parking spaces and rare 4COP liquor license.
Currently operating nightclub/bar/restaurant generating $547,200 Yearly Net Income NOI 6%+ with pro forma 20%+. Potential to build 300–500 units with up to 13 stories, ground-floor retail, and 2–3 parking levels.
Flexible Seller financing available. Excellent location with 189’ frontage and direct I-95 visibility. Perfect for developers seeking density and value-add upside.
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Property details
- Lot Size Square Feet: 42000
- Parcel Number: 33150
Property Features
- Parking Features: Covered
Location
Location Details
- County Or Parish: Miami-Dade
- Zoning Description: NCUAD + T5-O
Building Details
- Architectural Style: Detached
- Covered Spaces: 0
- Number Of Buildings: 2
Amenities & Features
- Parking Features: Covered
- Parking Total: 175
Expenses, Fees & Taxes
- Tax Annual Amount: $11,816
Miscellaneous
- List Office Name: Campos Commercial Real Estate LLC
- Listing Terms: Cash,Conventional,OwnerMayCarry
Miscellaneous
- Above Grade Finished Area: Miami, FL
- Virtual Tour URL: https://www.propertypanorama.com/instaview/mia/A11850778