260 NE 79TH ST

PRICE

$ $3,100,000

Description

Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami’s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more. Being on nw 79 st, a major east-west corridor, and a block from Biscayne, the city’s major north-south urban spine, means that the site is very much on the beaten path and has significant exposure and ease of access. This centric and east-of-I95 neighborhood is ready for a development revolution, as the wave of proposed developments around it prove, and is very immediately on the path of development in what will be the city’s very next major urban new construction boom area. Get in today before prices take off.

Details

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12,700 Sq.Ft
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BROKERS

Carlos Fausto Miranda

CFM@FAUSTOCOMMERCIAL.COM

305.431.2258