Property summary
This exceptional Little River retail property, located at 753 NE 79th St, offers a versatile space ideal for a variety of businesses. The single-story, 5,970 square foot building, constructed in 1990 and renovated in 2016, is classified as Class B and features a total of 21 parking spaces. Currently, the entire 5,970 square feet is available for lease, divisible into units ranging from a minimum of 700 square feet to a maximum contiguous space of 1,400 square feet. Each unit boasts its own private entrance and bathroom, providing convenient and independent operation. The property benefits from high visibility and traffic on NE 79th Street, a major thoroughfare leading to Miami Beach and I-95. With over 40,000 cars passing daily, this location offers unparalleled exposure. The area is experiencing significant growth, surrounded by numerous new residential developments adding thousands of units and boosting local business activity. The zoning is 6101. The property's convenient location, ample parking, and flexible lease terms make it an attractive opportunity for businesses seeking a thriving location in the Little River submarket of North Bay Village. The estimated CAM is $10 per month. The property is situated near Biscayne Boulevard. The APN is 01-32-07-017-0260.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
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Motorcycle Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Derived from the Miami market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6101 · Miami, FLZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 6101 in Miami, FL.
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