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101 NE 79th St, Miami FL 33138

Miami, FL 33138

$3,395,000

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Price
$3,395,000
Building size
6,012
Property type
Mixed Use
Year built
1952
Lot size (sq ft)
10,541
MLS number
A12085636

This listing is courtesy of The Alpha Commercial Advisors LLC, 305-697-7011.

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About this property

Completely turn-key, the property offers a flexible open concept layout with day one functionality as showroom or creative office while preserving value-add optionality via user-specific interior build-out or investment-oriented subdivision into multiple units to maximize returns. In the long-term, enjoy meaningful future redevelopment upside with by-right height and density for up to 8 stories and 150 du/acre on this rapidly transforming corridor. The existing building features floor-to-ceiling impact glass, open work areas, a spacious conference room, two private offices, two ADA-compliant bathrooms, and street-level loading door accessible through the property’s gated on-site parking lot. A full renovation completed in 2016 includes all upgraded mechanical systems, electrical service, plumbing, multi-zone HVAC, and the cherry on top – a new roof completed in 2025. Set in a highly visible corner location mid-way between I-95 and Biscayne Blvd, the site is extremely well positioned to satisfy and even exceed the exposure needs of any business or development project as the surrounding Little River neighborhood continues to attract new investment. Located within an Opportunity Zone and eligible for Live Local Act benefits, the property offers plenty of figure-it-out-later potential for any developer or business owner looking to secure a critical piece of this pre-appreciation market.

Details

Property type
Mixed Use
Year built
1952
Lot size (sq ft)
10,541

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC