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    1205 NW 79Th St Miami, FL 33147

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    For Sale
    $2,100,000

    Approved site plan for 40 residential units plus commercial space.

    Lot size:
    0.23 Acres

    Property Features for 1205 NW 79Th St

    General Information

    Lot size
    0.23 Acres

    Source: Buildout Realty, LLC. Agent Jose Coll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Multifamily and Retail Development

    This project features an approved site plan for a modern, six-story structure intended for mixed-use. The development includes approximately 40,000 square feet of space, incorporating a parking area and retail space. The residential component is designed to include 30 one-bedroom, one-bathroom apartments and 10 two-bedroom, two-bathroom apartments. The property is located in Miami, Florida. The project offers two potential investment strategies: development as a rental community with retail-commercial space for long-term income generation, or conversion into individual condominiums with retail-commercial space for individual sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.166395
    Latitude
    25.848783

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    FAQs

    What type of property is this?
    Mixed-use property - Approved site plan for 40 residential units plus commercial space.
    Where is this mixed-use property located?
    The property is located at 1205 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: - Approved site plan for 40 residential units + commercial space.; - Potential for rental community + retail-commercial space for long-term income.; - Option to convert to individual condominiums + retail-commercial space for sale.
    (954) 205-3395
    Request Owner's contact information
    1205 NW 79Th St Miami, FL 33147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1205 NW 79Th St Miami, FL 33147
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