Price Reduced Listing
Description
Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel,multi-family and mixed-use projects. Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom &pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program. The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead ofreal value appreciation. INVESTMENT HIGHLIGHTSHigh-Traffic Location: Positioned at the Biscayne Boulevard and NE 79th Street intersection with unmatched visibility and accessibility to circulating traffic in excess of 67,000 AADT.National Retailer Mix w/ Local Charm: Situated opposite an appealing existing tenant pool including Wendy's, Taco Bell, CVS, as well as local F&B gems like Marky's Gourmet, Osteria, Battubelin and San Lorenzo Ristorante, with direct proximity to the North Beach Marina.Flexible By-Right Development Potential: Allowing up to 14 units by-right, the site supports a wide range of uses including multifamily, retail, office, hotel, and more - with the area's staple aesthetic supporting a low-rise mixed-use development program with activated street-level commercial.Growth Corridor + Strong Demand Drivers: Located in the rapidly evolving Little River area touting a massive development pipeline, walkability to neighborhood services, transportation, retail, and dining, and diverse housing options ranging from ultra-luxury to market-rate and affordable.
Details
| MLS # | A12010831 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 153 |
| Listing Provided By | The Alpha Commercial Advisors LLC | Steffanie Jacobson |
Features
| Zoning | T5-0 |
|---|---|
| Acreage | 0.23 |
Exterior
| Lot Features | City Lot |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33138 |
| Area | 2320 |
| Community Name | COMML SHORE CREST |
| Listing VS Median (in COMML SHORE CREST) | |
Price: $1,350,000 low | high Med: $0 On site: 153 low | high Med: | |
Market Activity 33138
Request a showing
Request a showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33138 |
| Area | 2320 |
| Community Name | COMML SHORE CREST |
| Listing VS Median (in COMML SHORE CREST) | |
Price: $1,350,000 low | high Med: $0 On site: 153 low | high Med: | |
 | $1,400,000725 Ne 81st StreetMiami, FL 33138 |
 | $1,490,000531 Ne 77Miami, FL 33138 |
 | $1,300,000742 Ne 82nd TerraceMiami, FL 33138 |