Redevelopment Parcel with Daycare
For Sale
$2,300,000
111 NW 77th St, Miami, FL 33150
Opportunity Zone site with a functioning daycare building, positioned for multifamily redevelopment under T5-R zoning.
Property Size1,360 SF
Lot Size0.30 Acres
Price / SF$1,691
Days on Market104
Property Features for 111 NW 77th St
General Information
Standard status
Active
Size
1,360 SF
Lot size
0.30 Acres
Property subtype
COMMERCIAL
Zoning
T5-R
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$8,144
Listing Agency:
Fausto Commercial Realty Consultants Inc
Listed By:
Benjamin Kunzle · License #3634365
(754) 204-8236
Source:
Vanessafrankmiami
Added: Jun 16
Changed: Sep 12
Last Checked: Sep 26 at 2:25PM
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 Realty Consultants Inc
Investment Insights
Based on property information with market context.
The property is a redevelopment parcel currently improved with a commercial building operated as a daycare. The offering includes approximately a 1,360 SF structure and features covered-land flexibility suitable for continued use or future redevelopment plans. The site is positioned within a federally designated Opportunity Zone.
This parcel is being marketed as part of a two-property assemblage that includes the adjacent 7722 NW 1st Avenue. Together, the 20,776 SF assemblage is described as allowing up to 31 units by right within a five-story envelope under T5-R zoning, and additional density may be pursued through a TSND petition or rezoning. The sale is exclusively offered as part of the assemblage and not separately. Buyer verification of zoning, dimensions, and development potential is required.
For buyers and developers looking for a multifamily redevelopment path, the existing daycare improvement provides an immediate operating use while planning for a future project. The T5-R framework and the stated right-to-develop unit count within the described envelope make this parcel well-suited for operators who want an assemblage strategy and a defined redevelopment direction, subject to final approvals.
This parcel is being marketed as part of a two-property assemblage that includes the adjacent 7722 NW 1st Avenue. Together, the 20,776 SF assemblage is described as allowing up to 31 units by right within a five-story envelope under T5-R zoning, and additional density may be pursued through a TSND petition or rezoning. The sale is exclusively offered as part of the assemblage and not separately. Buyer verification of zoning, dimensions, and development potential is required.
For buyers and developers looking for a multifamily redevelopment path, the existing daycare improvement provides an immediate operating use while planning for a future project. The T5-R framework and the stated right-to-develop unit count within the described envelope make this parcel well-suited for operators who want an assemblage strategy and a defined redevelopment direction, subject to final approvals.
Key Highlights
- 13,219 SF redevelopment parcel in a federally designated Opportunity Zone
- Currently improved with a 1,360 SF commercial daycare building operating on‑site
- T5‑R zoning allows multifamily redevelopment at 65 units per acre
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Similar Off Market Nearby
- KIDCO Creative Learning Inc — 6911 NW 3rd Ave, Miami, FL 33150
- Elizabeth E Curtis Child Care Center — Miami, FL 33150
- Turners Kindergarten — Miami, FL 33138
- Morningside K-8 Academy, Miami FL — 6620 NE 5th Ave, Miami, FL 33138
- Miami Soccer ADA — 571 NW 73rd St, Miami, FL 33150
Frequently Asked Questions
What type of property is this?
Day care center - Opportunity Zone site with a functioning daycare building, positioned for multifamily redevelopment under T5-R zoning.
Where is this day care center located?
The property is located at 111 NW 77th St 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: 13,219 SF redevelopment parcel in a federally designated Opportunity Zone; Currently improved with a 1,360 SF commercial daycare building operating on‑site; T5‑R zoning allows multifamily redevelopment at 65 units per acre
