1205 NW 79 St - Commercial LAND FOR SALE


Miami, FL 33147- West Little River9,792 SF
$2,100,000 USD
954-205-3395
1205 NW 79 St, Miami, FL for Sale
$2,100,000 USD
Commercial LAND - FOR SALE
1/17
9,792 SF

1205 NW 79 St
Miami, FL 33147
West Little River


HIGHLIGHTS

  • This project offers an approved site plan of 40 residential units + commercial space, in a stunning, modern six-story structure.
  • Develop as a rental community + retail-commercial space, it has the potential to be a long-term income generator.
  • Could be built out and sold as individual condominiums + retail-commercial space, catering to a thriving market of homeowners (Downtown, Brickell).

OVERVIEW

This offering presents an exceptional opportunity for the sale and purchase of a fully approved 40-unit apartment development + retail space project, ready to build. Located in Miami, Florida, a few blocks from i95, this great development opportunity is a short distance from the Miami Downtown. Comprised of roughly 44,000 square feet, including parking area and retail space, this development promises extraordinary living spaces designed to inspire. Beautiful Design with 30 1 Bedroom / 1 Bathroom and 10, 2 bedrooms / 2 bathrooms apartments. This location offers tenants and or future owners of these units to seamlessly connect with all Miami-Dade County has to offer. The project presents two exciting possibilities for investors. Developed as a rental community + retail-commercial space, it has the potential to be a long-term income generator, providing steady cash flow for years to come. Alternatively, the property could be built out and sold as individual condominiums + retail-commercial space, catering to a thriving market of homeowners looking for apartments in the area minutes away from Miami Downtown, Midtown and the Brickell neighborhood. ASKING PRICE FOR THE REAL PROPERTY AND ALL EXISTING APPROVALS, DESIGN WORK AND ENGINEERING: $2,100,000.00 Two Million and One Hundred Thousand Dollars (USD) This sale will take place subject to the buyer’s reasonable due diligence period to verify the feasibility and the validity of all approvals, and information as provided herein. Highlights of the proposal: This proposal outlines the offering for sale and purchase of a fully approved rental community development property. The property is ideal for real estate investors and/or a construction company looking for an opportunity ready to build, offering easy access to the Miami Downtown, Midtown, Brickell. The Offering: The seller is offering to sell this prime development property, complete with a fully approved site plan by Miami-Dade County Planning and Building Department for 40 residential units plus additional retail/commercial space. The project includes, 30 1 bedroom / 1 bath apartments, and 10 2 bedrooms / 2 baths apartments, plus retail space. The site plan calls for covered parking under the three-story building and landscape open areas. This community will be ideal for those working in the Miami Downtown, Midtown and Brickell areas, those who want to frequent the Miami nightlife, or enjoy the beaches at South Florida. This location and it’s easy access to virtually all points of Southeast Florida will provide full access to all of the great treasures this area has to offer. Highest and best Use: Prime Development opportunity: Approved for Residential Rental or to be converted to Condo Use. The subject property has been approved by Miami-Dade County Planning, Zoning, and all major governmental departments, for the construction of 40 residential units, located in one six-story building. The Highest and Best Use has been determined by marketing due diligence to be a residential rental community for long term income and growth potential, or a condominiums resale property. Additional Benefits: • Approved site plans and project ready to build: guaranteed density with time and costs saved. • Flexible use options cater to different investment goals: Rental community for the short-term market influx, and Condominium conversion at a later date. This is a great opportunity to capitalize on the booming Miami and South Florida’s high demand residential markets. LOCATION: Great Location very close to Miami Downtown (6 miles)… with easy and quick access … on 79th St, just a few blocks from i95 This location offers residents and tenants easy access to the best of South Florida Living. Unbeatable Accessibility: Situated less than 7 miles north of the Miami International Airport (MIA). This makes travel for tourists, business executives, family gatherings and special events easy and quick. Abundant Amenities: Near-by you’ll find a wealth of varied attractions, including: • Miami International Airport (MIA) • Miami Beach • Miami Downtown • Brickell Area • Miami Heat Arena (NBA) • Dolphins Stadium (NFL) • Marlins Stadium (MLB) • Some of the most popular beaches in America • Sport Fishing • Boating and yachting • Scuba Diving and snorkeling

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/ACRE

$9,340,958/AC

PRICE/SF

$214 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Sky 79 Multifamily (40 Units-Ready to Build)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units - Condo

LAND ACRES

0.22 AC

LAND SF

9,793 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

6062

APN/PARCEL ID

30-3111-010-0190

ASK ABOUT THIS PROPERTY

Jose CollUnique Space LLCMore Info
954-205-3395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jose CollUnique Space LLCMore Info
954-205-3395

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.