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Development Site with Retail Office Building
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1113 NW 79th Street, Miami, FL 33150

Development site with existing retail/office structure, mixed-use zoning, low FAR, and access from major street and court.

Property Size2,769 SF
Price / SF$3.61
Days on Market61

Property Features for 1113 NW 79th Street

General Information

Standard status Active
Size 2,769 SF
Property subtype Retail

Building Details

Year Built 1931
Listing Agency: The Keyes Company
Listed By: Sonia N Diaz · License #3245875
Source: Lehmannflorida
Added: Jul 16 Changed: Sep 13 Last Checked: Sep 13 at 9:20AM

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 The Keyes Company

Investment Insights

Based on property information with market context.

This property consists of a rectangular 66’ x 330’ lot containing an approximately 2,840 ASF retail/office structure, with the current land use identified as mixed use (store/residential). The site is described as having plenty of parking, and it has just passed a 40-year recertification.

The property has access from NW 79th Street and 11th Ct and is noted for great visibility. It is zoned NCUAD (North Central Urban Area District), with a stated floor area ratio of 0.13.

As presented in the public remarks, the site is located in an Opportunity Zone and a Community Redevelopment Area (CRA), where possible grants may be available. Under the Live Local Act, the seller notes potential to build up to 12 stories and 250 units per acre.

Key Highlights

  • 2,840 SF retail/office structure on a 21,780 SF site built in 1931
  • Rectangular 66' x 330' lot with access from NW 79th Street and 11th Ct
  • Low FAR at 0.13 and NCUAD (North Central Urban Area District) zoning for mixed‑use‑store/residential

Property Analytics

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Current Use

Tonys Lawn Services ... Landscaping

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Hair Salon

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

856
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with existing retail/office structure, mixed-use zoning, low FAR, and access from major street and court.
Where is this commercial land located?
The property is located at 1113 NW 79th Street Miami, FL.
What are key features of this property?
This property features: 2,840 SF retail/office structure on a 21,780 SF site built in 1931; Rectangular 66' x 330' lot with access from NW 79th Street and 11th Ct; Low FAR at 0.13 and NCUAD (North Central Urban Area District) zoning for mixed‑use‑store/residential
More about this property
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