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    777 79Th St Miami, FL 33138

    Sponsored
    For Sale
    $3,900,000

    Prime Miami location, vacant, 5,177 SF

    Property size:
    5,177 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,177 square foot mixed-use property, located at 777 NE 79th St in Miami, Florida, presents a unique investment opportunity. Situated on a 0.29-acre lot in Miami-Dade County (APN: 01-32-07-016-3301), this single-story, Class C building boasts over 100 feet of frontage on NE 79th Street, offering unparalleled visibility. Built in 1979 and extensively renovated in 2022, including a new roof and 40-year recertification, the property is currently vacant and ready for immediate occupancy. The flexible layout allows for diverse uses, including retail, office, restaurant, bar, nightclub, or special event space. Multiple entrances and high ceilings enhance its versatility. The property's prime location east of Biscayne Bay, across from the marina, provides excellent exposure to high traffic volume. Three covered parking spaces are a significant advantage in this area. Zoned 6101, this property is ideally positioned to capitalize on the growth of nearby new residential developments and its proximity to major arteries like Biscayne Boulevard (US1) and I-95, providing easy access to Miami Beach. Offered at $3,900,000 with a NNN lease type.

    Property Features for 777 79Th St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    5,177 SF
    Class
    C
    Lot Size
    12,632 SF

    Building Details

    Year Built/Renovated
    1979/2022
    Buildings
    1
    Stories
    1

    HighLights

    • $3,900,000 asking price for a vacant, mixed‑use property.
    • 5,177 square feet on a 0.29‑acre lot in Miami, FL.
    • Class C, single‑story building constructed in 1979, renovated in 2022.
    • NNN lease type; broker co‑op available; For Sale By Owner.
    • Located at 777 NE 79th St, Miami, FL 33138, with over 100 feet of frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    777 Complex Event Venue Olivier Associates Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1802847
    Latitude
    25.8482946

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Miami location, vacant, 5,177 SF
    Where is this lifestyle center located?
    The property is located at 777 79Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price for a vacant, mixed-use property.; 5,177 square feet on a 0.29-acre lot in Miami, FL.; Class C, single-story building constructed in 1979, renovated in 2022.
    Request Owner's contact information
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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
    777 79Th St Miami, FL 33138
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