810 NW 79th St
810 NW 79th St
810 NW 79th St
810 NW 79th St
810 NW 79th St
810 NW 79th St
810 NW 79th Street, Miami, FL 33150
810 NW 79th St
City:Miami
Land area:18,500 SF
Property Status:
Sold
Property Summary
Zoning:
NCUAD + RU-2
Gross Income:
$110,000
NOI:
$90,000
Cap Rate:
7% (including both parcels)
Description
APEX Capital Realty proudly presents an exclusive opportunity to acquire a five unit multifamily and 7500 SF of land fronting NW 79th St. Tucked just off of NW 79th St, the multifamily property boasts prime placement along a main east-west artery, offering convenient access to thriving population hubs. Currently generating $9,200 per month ($110K annually) in rents with ample opportunity for rental growth. Great for an investor seeking a value add opportunity in a bustling area.
The adjacent vacant land, situated directly on prominent NW 79th St, is just blocks from I-95 and NW 7th Ave. Zoned NCUAD the land allows for versatile use, welcoming both mixed-use and multifamily developments.
Lot & Building Size Breakdown:
Building Area:
3,448 SF
Total Land Area:
18,500 SF
Property Highlights
Positioned on an major East-West corridor
Proximity to 7th Ave and I-95
Excellent accessibility and visibility
Fronting 79th ST
Flexibility with month-to-month tenants
Income Producing Property
Value-add potential
Land offers great canvas for commercial, mixed-use, and multifamily projects
Zoning allows for various possibilities
Opportunity Zone Benefits
Details
Property size: 3,448 SF
Property Status:
Sold
Property Type: Multifamily
Land Area: 18,500 SF
Year Built: 1937 & 2006
Address
City: Miami
State/country: FL