Listing Agency: Lifestyle International Realty-Miami Lakes - HQ Show Phone

Listed By: Fernanda Flores

Source: Moodyscre

Added: Nov 4, 2024 Changed: Jul 6 Last Checked: Aug 7 at 7:43AM

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Investment Insights

Based on property information with market context.

Located in the Little River area, this property comprises four folios with zoning that allows for six-story development. The property has recently passed its 50-year recertification and is situated within the Miami Central Urban Development District. Positioned one mile west of I-95 and in close proximity to two apartment complexes on heavily traveled 79th Street, the property presents an opportunity for investors. Prior business certificates of use exist for restaurant, mechanical, and auto sales uses. The property may suit an end-user, serve as an income-producing asset, or diversify an investment portfolio. Past leases amounted to a median of 16k per month.

Key Highlights

• Zoning permits six‑story development.
• Located in the Miami Central Urban Development District.
• Includes 4 folios.

Property Analytics

Property Profile

Current Use

H'NFixing Glass Doors Roofing Company

Suggested Use

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

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

768

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this individual retail properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Individual retail property - Four folios, six-story development potential in Miami Central District.

Where is this individual retail property located?

The property is located at 1305 NW 79th St Miami, FL.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Zoning permits six‑story development.; Located in the Miami Central Urban Development District.; Includes 4 folios.