Miami, FL 33150,728 NW 79th St
Miami, FL 33150,728 NW 79th St
Miami, FL 33150,728 NW 79th St
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$8,900,000
Est. payment /mo
13,129 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 13,129 sqft

Price per Sqft $677

MLS Listing ID A11850778

Style Detached

HOA Y/N No

Year Built 1941

Annual Tax Amount $11,816

Lot Size 0.964 Acres

Property Sub-Type Business

Property Description

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.

Location

State FL

County Miami-dade

Area 31

Exterior

Total Parking Spaces 175

Private Pool Yes

Building

Story 3

Architectural Style Detached

Others

Tax ID 30-31-11-035-0040

Acceptable Financing Cash, Conventional, Owner May Carry

Listing Terms Cash, Conventional, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11850778


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Campos Commercial Real Estate LLC

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728 NW 79th St