810 NW 79th Street, Miami, FL 33150

Sold

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

Danilo Aquino danilo@apexcapitalrealty.com

Price $1,270,000

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

Documents Property Brochure download

Listing Agents

Danilo Aquino Commercial Advisor

(786) 201-3020 danilo@apexcapitalrealty.com

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810 NW 79th Street, Miami, FL 33150 810 NW 79th St Multifamily 2 years ago $1,270,000