Property Description

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. (Optional approved scaled down 56 unit/8 story option available as well). Can expand the project + 6 floors and up to 185 units total by right. Nearby developments in the attachments. Both Swerdlow group projects (37 acre West Little River project, and mixed-use brightline Little River District) HueHub on 84th St w/ 4,032 units as well as two Blackstone redevelopment projects at 1250 NW 79th and 2640 NW 79th St. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials, CRA TIF Incentives. Cost savings of $1,713,600 off construction estimate. Updated water/sewer infrastructure provided by the county abutting the property. Plenty of capacity for the 126 units or larger. Construction estimate available. Best priced project in the zip code by far! Comparables and development in the area in the attachments. Seller financing possible. Motivated seller. Appraisal came in above the current list price!

Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33147
Street:
1477 Nw 79th St, Miami, Florida 33147
Longitude:
W81° 46' 36.6''
Latitude:
N25° 50' 48.1''
MLS Addon
Building Features:
Not Applicable
Development Status:
Site Plan Filed
Direction Faces:
South
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,1031 Exchange,Owner May Carry
Lot Features
Parcel Number:
30-31-11-041-0250
Subdivision Name:
EVERGLADES AVE HEIGHTS
Tax Annual Amount:
$9,441
Tax Year:
2025
Utilities

Land For Sale

1477 Nw 79th St, Miami, Florida 33147, Miami, Florida 33147

17,156 Sqft
$1,695,000
MLS # #A11997793
Basic Details
Property Type :
Land
Listing Type :
For Sale
Price :
$1,695,000
Lot Area :
17,156 Sqft
MLS # :
A11997793
Property Sub Type :
Residential
Agent info
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