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Commercial Land with Retail Building
For Sale
Contact for pricing
Pending

47 NW 79 Street, Miami, FL 33150

T6-8-O-zoned site with existing retail improvements and mixed-use development parameters.

Property SizeContact for details
Days on Market142

Property Features for 47 NW 79 Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Eleven Trust Real Estate Services
Listed By: Sharif Bula · License #3057657
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:37PM

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 Eleven Trust Real Estate Services

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing retail building on a 13,600-square-foot parcel at 47 NW 79 Street in Miami. The entire site carries T6-8-O zoning, providing a defined framework for future redevelopment.

Under the stated development parameters, the property can accommodate an 8-story mixed-use building with density of 150 dwelling units per acre. Retail or office uses may occupy the ground floor through the mid-level floors. The site is near public transportation on NW 79th Street, and a future 79th Street Transportation Hub is planned to feature the Virgin Train Lines. A developer may also request a reduction in required parking spaces based on the property's proximity to public transportation.

Key Highlights

  • 13,600‑square‑foot commercial land parcel with an existing retail building
  • T6‑8‑O zoning across the entire site
  • Development parameters allow an 8‑story mixed‑use building

Property Analytics

Current Use

Flowers & Services Florist

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Locksmith Nursing Home (Bike/Boat/Book/etc) Store

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

2,125
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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - T6-8-O-zoned site with existing retail improvements and mixed-use development parameters.
Where is this commercial land located?
The property is located at 47 NW 79 Street Miami, FL.
What are key features of this property?
This property features: 13,600‑square‑foot commercial land parcel with an existing retail building; T6‑8‑O zoning across the entire site; Development parameters allow an 8‑story mixed‑use building
(305) 244-3880 Call to check price and availability
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