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Property profile & analytics
OFF-MARKET Estimated value $32,385,000
Parking lots & garages

1755 79th St Cswy North Bay Village, FL 33141-4214

1.4 ac lot Built 1945
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US18-8644966
Property summary
AI-generated overview

This exceptional commercial opportunity presents 13,648 square feet of vacant retail and restaurant space within the prestigious Continuum North Bay Village development in Miami Beach, Florida. Located at 1755 79th Street Causeway, this three-story building offers multiple tenancy options, with spaces ranging from a minimum of 1,565 square feet to a maximum contiguous space of 12,083 square feet. The property is situated in Miami-Dade County, offering unparalleled access to the vibrant Miami Beach waterfront and its affluent residential community. This development boasts a sophisticated design and is part of a larger luxury condominium complex, providing a unique opportunity to establish a business within a high-end, amenity-rich environment. The building's prime location and association with the Continuum brand promise high visibility and significant foot traffic, making it ideal for a variety of retail and restaurant concepts. The expansive space allows for customization to suit individual business needs, offering a blank canvas for creating a truly exceptional commercial presence. This is a rare chance to secure a prominent location in one of Miami's most desirable areas. The address is 1755 79th Street Causeway, Miami Beach, FL 33141.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1945
Lot 1.4 ac (60,900 SF)
Zoning code 6300:COMMERCIAL,RESTRICT
APN 23-3209-000-0110
UPID US18-8644966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$32.39M
Owner & transaction history
1755 Jfk Owner LLC · 3 yrs held
1755 Jfk Owner LLC
since 2023
Last sale
$35.0M
7 recorded transactions
2023
$35.0M
2021
$16.0M
2013
$6.2M
2011
Price N/A
2008
Price N/A
2006
$11.3M
2006
Price N/A
Zoning & alternative use
6300:COMMERCIAL,RESTRICT · North Bay Village, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source UNIFIED Land Development Code
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