Corner Development Land
111 Northwest 77th Street Miami, FL 33150
111 Northwest 77th Street, Miami, FL, 33150
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For Sale
Contact for pricing
Two-parcel corner site in a federally designated Opportunity Zone for up to 31 units.
Property Size2,528 SF
Lot Size0.48 Acres
Price / SF$909.81
Days on Market30
Property Features for 111 Northwest 77th Street
General Information
- Standard status
- Active
- Size
- 2,528 SF
- Lot size
- 0.48 Acres
- Property subtype
- Multifamily, Land, Retail
Building Details
- Year Built
- 1937
Listing Agency
Fausto Commercial
Listed by
Ben Kunzle · License #3634365
Source
Crexi
Added: Jun 21 Checked: Jul 19 at 9:13 am
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 Fausto Commercial
Investment Insights
Based on property information with market context.
A contiguous +/-0.48-acre development assemblage is available as a single sale, consisting of two adjoining parcels under common ownership with two existing structures in place. The offering totals 20,776 SF and is presented as a corner-controlled land position intended to support a covered-land approach while a future project is designed, finalized, and permitted.
The assemblage anchors a hard corner at NW 1st Avenue and NW 77th Street. The property is located within a federally designated Opportunity Zone, and the site is described as being positioned steps from the Little River District, the FEC rail corridor, Wynwood, and the Design District.
Zoning is identified as T5-R, which delivers up to 31 units by right within a five-story envelope, according to the offering. The remarks note that because the by-right density uses only part of that envelope, the corner may be a candidate for density increases through a TSND petition or a rezoning, including the possibility of a parking reduction by Exception given transit proximity. Buyers are invited to underwrite the redevelopment path on their own terms.
The assemblage anchors a hard corner at NW 1st Avenue and NW 77th Street. The property is located within a federally designated Opportunity Zone, and the site is described as being positioned steps from the Little River District, the FEC rail corridor, Wynwood, and the Design District.
Zoning is identified as T5-R, which delivers up to 31 units by right within a five-story envelope, according to the offering. The remarks note that because the by-right density uses only part of that envelope, the corner may be a candidate for density increases through a TSND petition or a rezoning, including the possibility of a parking reduction by Exception given transit proximity. Buyers are invited to underwrite the redevelopment path on their own terms.
Key Highlights
- ±0.48‑acre development assemblage with 20,776 SF across two adjoining parcels under common ownership
- Corner location at NW 1st Avenue and NW 77th Street in a federally designated Opportunity Zone
- T5‑R zoning offers up to 31 units by right within a five‑story envelope
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Two-parcel corner site in a federally designated Opportunity Zone for up to 31 units.
Where is this commercial land located?
The property is located at 111 Northwest 77th Street Miami, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: ±0.48‑acre development assemblage with 20,776 SF across two adjoining parcels under common ownership; Corner location at NW 1st Avenue and NW 77th Street in a federally designated Opportunity Zone; T5‑R zoning offers up to 31 units by right within a five‑story envelope
