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West Little River Covered Land Opportunity 1550 NW 79th St

1,592 SF 100% Leased Retail Building Miami, FL 33147 £1,333,497 (£838/SF)

Investment Highlights

  • Currently 50% leased - Q2 2025 expiration.
  • 35,500 AADT
  • Protected prior use for automotive mechanic
  • NCUAD (North Central Urban Area District)/MC-Center zoning/land-use permits 60 units per acre and 8 stories max
  • 1.7 miles due west of I-95 ramp
  • Opportunity Zone

Executive Summary

This strategically located West Little River covered land opportunity features 150’ of frontage on NW 79th Street/SR 934, a major local artery. Consisting of 1,600 SF of building on a 14,700 SF corner lot, the property benefits from being both in a qualified opportunity zone and within the NW 79th St CRA. NCUAD (North Central Urban Area District)/MC-Center zoning/land-use permits 60 units per acre and 8 stories max. AADT 35,000.
*NW 79th Street/SR 934 connects Miami Beach, N Bay Village, Little River & Hialeah.*

Attachments

1956 survey

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,592 SF
Building Class
C
Year Built
1956
Price
£1,333,497
Price Per SF
£838
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.11
Land Acres
0.34 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
NCUAD
Parking
12 Spaces (7.54 Spaces per 1,000 SF Leased)
Frontage
43 ft on 16th Ave
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1550 NW 79th St, Miami, FL - aerial map view - Image1
1550 NW 79th St, Miami, FL - aerial map view - Image2

PROPERTY TAXES

Parcel Number 30-3111-031-0400 Improvements Assessment £0
Land Assessment £0 Total Assessment £198,415

PROPERTY TAXES

Parcel Number
30-3111-031-0400
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£198,415
(786) 556-8998

  • Listing ID: 33994496

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 1550 NW 79th St, Miami, FL 33147

The Retail Property at 1550 NW 79th St, Miami, FL 33147 is currently available For Sale. Contact Central Commercial R.E. for more information.

Nearby Listings

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West Little River Covered Land Opportunity | 1550 NW 79th St
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Ari Dispenza

(786) 556-8998

(786) 556-8998

Andres Labrada

(786) 577-4974

(786) 577-4974

Eric Gonzalez

(305) 302-0672

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