540 79Th StMiami, FL 33150

This exceptional 14,560 sq ft retail development site in Miami, Florida, is offered at $2,600,000. Zoned T6-8-O, it allows for high-density development, including residential, hotel, or office uses, with potential for up to eight stories and 150 dwelling units per acre. Currently leased, generating a net operating income of $66,000, this property presents significant upside growth potential. Located on NW 79th Street, a high-traffic corridor (27,000 cars daily) in the Little River Opportunity Zone, it benefits from excellent access to major thoroughfares like I-95 and is minutes from Wynwood, Midtown, and the Design District. The Little River area is experiencing rapid growth, attracting creative businesses and developers. This hard corner location offers tax exemption benefits through the Live Local Act for affordable housing developments. The property's strategic location and zoning flexibility make it an ideal investment opportunity with substantial future development potential.