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Mixed-Use Development Warehouse
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NE 79 St, Miami, FL 33138

Development site with an existing warehouse structure suitable for renovation now and potential mixed-use redevelopment later.

Property SizeContact for details
Days on Market136

Property Features for NE 79 St

General Information

Standard status Active
Property subtype Mixed Use, Land, Industrial, Multifamily, Retail, Special Purpose
Listing Agency: FIP Commercial
Listed By: Iris Shtilerman · License #3305141
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:31AM

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 FIP Commercial

Investment Insights

Based on property information with market context.

This development site includes an existing warehouse structure that can be renovated to generate immediate income, with the ability to redevelop at a later time into a mixed-use project with residential and commercial components. The property is presented as a flexible platform for staged development.

The site is located at the prime junction of Biscayne Blvd. and 79th street on a major artery corridor toward South Beach. Miami Beach and surrounding destinations are accessible by car, including an estimated 7-minute drive to South Beach and an estimated 10-minute drive to Downtown, with the Miami Design District approximately 8 minutes away and Miami International Airport approximately 20 minutes away.

Buyers and brokers should review the opportunity as a warehouse-based redevelopment site designed for a mixed-use end product, with an option to improve and capture income sooner through renovation of the current structure.

Key Highlights

  • Development site with an existing warehouse structure that can be renovated for immediate income
  • Warehouse can later be redeveloped into a mixed‑use project with residential and commercial components
  • Located at the junction of Biscayne Blvd. and 79th street

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Nursing Home Electrical Service Tanning Salon Plumbing Service

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

2,224
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Industrial in Miami, FL

4.1% 2019
4.6% 2020
2.2% 2021
1.6% 2022
2.4% 2023
5.7% 2024
6.5% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Frites Fries 860 ne 79th st, miami, fl 33138
  • Cannabis Commercial Kitchen 860 NE 79th St B, Miami, FL 33138

Frequently Asked Questions

What type of property is this?
Flex space - Development site with an existing warehouse structure suitable for renovation now and potential mixed-use redevelopment later.
Where is this flex space located?
The property is located at NE 79 St Miami, FL.
What are key features of this property?
This property features: Development site with an existing warehouse structure that can be renovated for immediate income; Warehouse can later be redeveloped into a mixed‑use project with residential and commercial components; Located at the junction of Biscayne Blvd. and 79th street
More about this property
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