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1117-1145 NW 79th St
Miami, FL 33150

79th Street Development Opportunity · Land For Sale · 0.66 AC

INVESTMENT HIGHLIGHTS

  • 30000 cars daily
  • Qualified Opportunity zone
  • 79 street CRA, NCUAD zoning
  • Eligeble "Live Local" +- 120 units

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • Restaurant
Total Lot Size 0.66 AC

DESCRIPTION

1117-1145 NW 79TH ST | MIAMI, FL 33150 0.67 AC LOT 29,188 SF LOT NCUAD ZONING THE SUBJECT PROPERTY IS A THREE-PARCEL ASSEMBLY. THE SITE HAS APPROXIMATELY 150 FT FRONTAGE ON HIGHLY TRAVELED NW 79 STREET EAST TO WEST AND CLOSE TO 190 FT DEEP.THE PROPERTY IS WITHIN THE NORTHWEST 79TH STREET COMMUNITY REDEVELOPMENT AGENCY AND ALSO WITHIN A QUALIFIED OPPORTUNITY ZONE. THE 79TH STREET CORRIDOR IS A FRAGMENTED SET OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL SITES WITH A REPUTATION FOR BEING DANGEROUS AND UNDESIRABLE, THAT IS RIPE FOR CONVERSION INTO A COHESIVE NEIGHBORHOOD DUE TO ITS MANY EXISTING TRANSPORTATION AND COMMUNITY ASSETS. THIS DOCUMENT WILL DISCUSS THE ONGOING EFFORTS TO IMPROVE THE 79TH STREET CORRIDOR AREA. THE 79TH STREET INITIATIVE’S REVITALIZATION STRATEGY 79THSTREET.ORG/OVERVIEW THE INITIATIVE DEVELOPED A THREE-PHASE APPROACH TO TRANSFORMING THE 79TH STREET CORRIDOR AREA. PHASE I: MASTER LAND USE PLAN DEVELOPMENT PHASE II: BUILDING A COMMUNITY VISION PHASE III: PROGRAM/PROJECT DEVELOPMENT AND IMPLEMENTATION IN RECENT YEARS THIS STRETCH HAS BEEN REDEVELOPED AND CONTINUES TO EVOLVE IN LARGE PART DUE TO MULTIPLE STATE, LOCAL AND FEDERAL BENEFITS TO REDEVELOPMENT ALONG THIS STRETCH.

PROPERTY TAXES

ZONING

Zoning Code NCUAD (79THSTREET.ORG/OVERVIEW THE INITIATIVE DEVELOPED A THREE-PHASE APPROACH TO TRANSFORMING THE 79TH STREET CORRIDOR AREA.)
  • Listing ID: 27869439

  • Date on Market: 3/2/2023

  • Last Updated:

  • Address: 1117-1145 NW 79th St, Miami, FL 33150