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T5-O Development Site
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1001 NE 79th St, Miami, FL 33138

Zoned development site with an existing building and marina-oriented plans.

Property Size4,320 SF
Price / SF$2,951
Days on Market152

Property Features for 1001 NE 79th St

General Information

Standard status Active
Size 4,320 SF
Class A
Property subtype Land, Retail
Zoning T5-O

Building Details

Year Built 1946
Buildings 1
Stories 1
Listing Agency: Blanca Commercial Real Estate, Inc.
Listed By: Cary Cohen · License #FL SL3069720
Source: Crexi
Added: Apr 6 Changed: Aug 31 Last Checked: Sep 1 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blanca Commercial Real Estate, Inc.

Investment Insights

Based on property information with market context.

This commercial land offering comprises approximately 1.07 acres, or 46,410 square feet, with an existing 4,320-square-foot building constructed in 1946. The building is expected to be vacant at closing. The property carries T5-O zoning, and the source information identifies potential eligibility under the Live Local Act, subject to qualifying multifamily or mixed-use development requirements.

The site fronts the 79th Street Causeway, a connection between mainland Miami, North Bay Village, and Miami Beach. Approximately 380 feet of frontage is exposed to reported traffic exceeding 44,000 vehicles per day. The property is about 0.5 miles from Pelican Harbor Marina and has been associated with an alternative marina concept featuring a planned 345-slip dry dock facility with five- and six-story vertical rack storage. The surrounding North Bay Village submarket is described as having more than 3,000 residential units and ongoing mixed-use development.

Key Highlights

  • Approximately 1.07 acres, or 46,410 square feet, of commercial development land
  • T5‑O zoning with potential Live Local Act eligibility for qualifying multifamily or mixed‑use development
  • Existing 4,320‑square‑foot building constructed in 1946; expected to be vacant at closing

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,581
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned development site with an existing building and marina-oriented plans.
Where is this commercial land located?
The property is located at 1001 NE 79th St Miami, FL.
What is the asking price?
The asking price for this property is $12,750,000.
What are key features of this property?
This property features: Approximately 1.07 acres, or 46,410 square feet, of commercial development land; T5‑O zoning with potential Live Local Act eligibility for qualifying multifamily or mixed‑use development; Existing 4,320‑square‑foot building constructed in 1946; expected to be vacant at closing
(954) 336-9287 Call to check price and availability
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