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Prime Investment Opportunity in Rapidly Growing Area Little River

259, Northeast 79th Street, Little River, Miami, Miami-Dade County, Florida, 33138, United States
  • Land development
  • Property Type
  • 7,301
  • ft²
  • 15,808
  • Lot ft²
For Sale
Prime Investment Opportunity in Rapidly Growing Area Little River
259, Northeast 79th Street, Little River, Miami, Miami-Dade County, Florida, 33138, United States

Details

Updated on February 10, 2025 at 11:44 am
  • Price: $2,900,000
  • Property Size: 7,301 ft²
  • Land Area: 15,808 ft²
  • Property Type: Land development
  • Property Status: For Sale

Description

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 Boulevard. This transformative project will feature a hotel, condominiums, and ground-level retail.
With T6-8-O zoning, this 15,808 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 SqFt, providing immediate income potential while planning for redevelopment.

Property Documents

259 NE 79TH ST-VR-FLYER
  • Address 259, Northeast 79th Street, Little River, Miami, Miami-Dade County, Florida, 33138, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33138

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