Realmo Analytics

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Property profile

259 79th St Miami, FL 33138

OFF-MARKET
Retail residential properties
Property ID
US19-0165499
5,799 SF 0.36 ac lot Built 1925
Last sale Sep 2026 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is located in the 79th Street Business Corridor near Magic City, Wynwood, and the Design District. It sits on an approximately 18,000 sq ft lot zoned T6-8-O and has potential for residential development of up to 54 units under the applicable zoning framework. An existing 10-unit building is present on-site with an approximate total building area of 7,301 sq ft. The surrounding area includes planned redevelopment activity, including redevelopment of the former Immigration Building…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.20M
Assessed land$1.19M
Assessed improvement$15k
Effective rate1.20%

Value estimate

· Nov 2026
$1.33M
$1.20M – $1.46M
Submarket $/SF estimate$903k

Realmo valuation models over county records and 36 qualifying comparable sales.

Recently sold

What actually traded nearby?
$491/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$205 – $745
Qualifying comparables36

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6100:COMMERCIAL,NEIGHBRHD
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.6
Electrical Service9.6
Nursing Home9.1

Location

259 79th St Miami, FL 33138-4836
County assessor Recorded deeds · 4 transfers 36 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8250 Biscayne, Miami, FL 33138-4155 $240,000 Apr 2025 5,109 SF
8272 2nd, Miami, FL 33138-3817 $4,000,000 Jul 2024 4,320 SF
7541 Biscayne, Miami, FL 33138-5123 $704,400 Jan 2024 7,293 SF
6928 Biscayne, Miami, FL 33138 $1,495,000 Mar 2022 4,580 SF
6900 Biscayne, Miami, FL 33138-5707 $3,400,000 Jan 2021 4,266 SF
859 79th, Miami, FL 33138-4740 $1,500,000 Apr 2020 5,615 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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