1477 NW 79th St, Miami, FL 33147
1477 NW 79th St, Miami, FL 33147
1477 NW 79th St, Miami, FL 33147
1477 NW 79th St, Miami, FL 33147
1477 NW 79th St, Miami, FL 33147
1477 NW 79th St, Miami, FL 33147
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$ 1,675,000
Est. payment | /mo

0.39 Acres Lot


$ 1,675,000
Est. payment | /mo

0.39 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Everglades Ave Heights

MLS Listing ID A11997792

HOA Y/N No

Annual Tax Amount $9,441

Tax Year 2025

Lot Size 0.393 Acres

Acres 0.393

Lot Dimensions 186x92

Property Sub-Type Residential

Property Description

SITE PLAN APPROVED/Opportunity Zone project for 126 units + retail. (Optional approved scaled down 56 unit/8 story option available as well). Points of connection for 12 inch water and 8 in gravity sewer have been provided by WASD and a ready to connect today! Plenty of capacity for the 126 units or larger. 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. 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 current list price!

Location

State FL

County Miami-dade

Community Everglades Ave Heights

Area 31

Exterior

Utilities Available Electricity Available, Sewer Available, Underground Utilities, Water Available

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Public Sewer

Water Public

Others

Restrictions No Deed Restrictions

Tax ID 30-31-11-041-0250

Acceptable Financing Cash, Conventional, 1031 Exchange, Owner May Carry

Listing Terms Cash, Conventional, 1031 Exchange, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11997792

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Zilla Real Estate, Inc

NEARBY SCHOOL & BUSINESS

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Mel G. Byrnes
Mel G. Byrnes

Relocation Specialist

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1477 NW 79th St