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    490 NW 79Th St Miami, FL 33150

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    For Sale
    $1,300,000

    Two contiguous commercial parcels ideal for mixed-use development.

    Lot size:
    0.32 Acres

    Property Features for 490 NW 79Th St

    General Information

    Lot size
    0.32 Acres

    Source: Hudson Burnham Real Estate Agent Yisroel Lome

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

    Overview

    Commercial Parcels on NW 79th

    Two contiguous commercial parcels are available on NW 79th Street. The parcels, zoned T6-8-O, are suitable for mixed-use development, featuring retail frontage and multifamily residential units above. The combined area of the parcels is 0.32 acres, with approximately 236 feet of street frontage. Currently, the site is used as an active auto dealership with billboard income. The zoning allows for construction of up to 8 stories and 47 residential units. The location offers visibility and strong traffic counts, with proximity to I-95, Little River, and the Design District. This site is presented as a potential hold or build opportunity.
    Insight Report Location Intelligence

    Current Use by Public Records

    Jel Auto Resource ... Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.124459
    Latitude
    25.863887

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    FAQs

    What type of property is this?
    Commercial land - Two contiguous commercial parcels ideal for mixed-use development.
    Where is this commercial land located?
    The property is located at 490 NW 79Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - T6-8-O zoning allows for mixed-use development; - Combined 0.32 acres with approximately 236 feet of street frontage; - Allows up to 8 stories and 47 residential units
    (773) 908-9140
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    490 NW 79Th St Miami, FL 33150
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    Miami, FL 33150
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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
    490 NW 79Th St Miami, FL 33150
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