For Sale
$4,200,000

2200 79Th StMiami, FL 33147

Prime Miami land, build 121-198 units

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.73-acre commercial and residential land parcel in Miami, Florida (APN 30-3110-057-1960), located at 2200 NW 79th St, 33147, presents a lucrative development opportunity. Zoned BU-2/Empowerment Zone, it allows for the construction of a 12-15 story apartment building with 121-198 units. Two development options exist: a 12-story building with 121 units (77 one-bedroom, 36 two-bedroom, 8 three-bedroom), or a 15-story building with 198 units (22 studios, 102 one-bedroom, 52 two-bedroom). Both options include a pedestal parking garage with 198 spaces, commercial space at ground level, and a 5th-floor amenity level featuring a pool, sun deck, state-of-the-art fitness center, and resident lounge. The building's design offers unparalleled views and secure, gated parking. Units will feature luxury finishes, spacious layouts, and private balconies. This prime location offers easy access to major highways, public transportation, and local amenities. The asking price is $4,200,000. This is a rare chance to develop a high-demand apartment building in a thriving Miami location.

Highlights

  • 0.73-acre commercial and residential land parcel in Miami, FL (APN 30-3110-057-1960) at 2200 NW 79th St, 33147.
  • BU-2/Empowerment Zone zoning allows for a 12-15 story apartment building with 121-198 units.
  • Two development options: a 12-story building (121 units) or a 15-story building (198 units), both with 198 parking spaces, ground-level commercial space, and a 5th-floor amenity level.
  • Corner lot at NW 79th Street and 22 Ave, totaling 32,000 square feet, with potential to build up to 336 units.
  • Empowerment Zone Qualified.

Property Details for 2200 79Th St

Property type
Land
Lot Size (sq. ft)
31,799 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.84563873667
Longitude
-80.233722941134
2200 79Th St, Miami, Florida

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2200 79Th St
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