647 79th St, Miami, FL 33138-4766
- Retail residential properties
- 4,880 SF
- 0.19 lot acres
Current Use by Public Records
- Awenistee’s Palace / Clothing Store
Property Details for 647 79th St
- Year built
- 1936
- Construction
- CONCRETE
- Lot size
- 0.19 lot acres
- Zone code
- 6101
- Property type
- Retail residential properties
- APN
- 01-3207-017-0320
- APU
- 132070170320
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 16, 2022 | — | Zig Miami 79 LLC | — | Deed · related | $1.6M · Anchor Bank |
| Nov 12, 2020 | — | Zig Miami 79 LLC | — | Deed · related | $2.5M · Legacy Bank Of Florida |
| Dec 6, 2019 | $1,178,475 | Zig Miami 79 LLC | Leiter Group At Biscayne LLC | Warranty Deed | $1M · Leiter Group At Biscayne LLC |
| Aug 15, 2012 | $500,000 | Leiter Group At Biscayne LLC | 647 Associates LLC | Warranty Deed | $200k · 647 Associates LLC |
| May 15, 2012 | — | 647 Associates LLC | Rank,barbara H | Quit Claim Deed · related | $50k · Principal Lenders Group |
Description
This exceptional 500-square-foot Class A office space presents a unique opportunity for businesses seeking a prominent location. Situated in a freestanding building behind an established office complex on bustling NE 79th Street, this single-tenant property offers unparalleled visibility and accessibility. The building's strategic placement ensures high traffic flow and easy access for clients and employees. Ample parking is readily available, eliminating parking concerns for both staff and visitors. The interior layout is flexible, catering to a variety of commercial uses, allowing businesses to customize the space to perfectly fit their operational needs. The property is zoned 6101 and features a convenient single-suite configuration, simplifying management and operations. Its freestanding nature provides privacy and a distinct corporate identity, setting it apart from larger office complexes. This is an ideal location for businesses seeking a blend of prime visibility, convenient access, and the privacy of a standalone building. The property's APN is 01-32-07-017-0320. Don't miss this chance to establish your business in this highly desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,920,000
- 6.5%
- $1,775,000
- 7%
- $1,645,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $973,000
Market price range: $388k - $1.86M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,175,000
- MEDICAL BUILDING
- $2,145,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1835
- Latitude
- 25.8481
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
