For Sale

259, Northeast 79th Street, Little River, Miami, United States

Miami-Dade County, FL 33138

$1,900,000

Highlights

  • 18,000 SF (0.41 acres) lot
  • 10 units

Property facts

Price
$1,900,000
Property type
Land development
Lot size
18,000 SF (0.41 acres)
Units
10

About this property

Prime Investment Opportunity in Rapidly Growing Area This property is located on the bustling 79th Street Business Corridor, just minutes from Magic City, Wynwood, and the Design District. The area is experiencing rapid growth with several high-profile developments underway, including the redevelopment of the former Immigration Building at the corner of 79th Street and Biscayne Blvd. This transformative project will feature a hotel, condominiums, and ground-level retail. With T6-8-O zoning, this 18,000 SqFt lot offers the potential for 54 buildable units, making it an exceptional opportunity for developers and investors. The existing 10-unit building spans 7,301 SF ,providing immediate income potential while planning for redevelopment.

From the listing broker.

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