700 NW 79th St, Miami, 33150

  • $1,700,000

Listing UP for Sale

Miami

Overview

Property ID: A11422744
  • 9366
  • Lot sqft
  • 1955
  • Year Built

Description

IMPORTANT HARD CORNER on two major intersecting corridors in a major developing neighborhood, nw 79 st and nw 7 ave. Both streets each individually have average daily traffic counts of 25,000. Site totals 9,366sf of T5-O mixed use commercial land, with a 2,388sf building on it which currently has a NNN lease with a major check cashing store. Current cap is nearly 6%,potential to generate $90k/year net and runs to 2025. Adjacent 36k sf assemblage available for sale. SB102 zoning allows virtually unlimited density, and height up to 12 stories, with some conditions. Tenant has expressed interest to stay at this location.

  • Address 700 NW 79th St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33150
  • Area Miami-dade County

Details

Updated on February 15, 2024 at 8:01 pm
  • Property ID: A11422744
  • Price: $1,700,000
  • Land Area: 9366 sqft
  • Year Built: 1955
  • Property Status: Listing UP for Sale

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Giovanni Bertolotti
  • Giovanni Bertolotti