1001 79Th StMiami, FL 33138
- Land
- 3,544 SF
Property Details for 1001 79Th St
- Year built
- 1940
- Construction
- CONCRETE
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 3,544 SF
- Zone code
- 6101
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 01-3207-016-2850
- APU
- 132070162850
Description
This exceptional 59,500 square foot development site presents a unique opportunity in Miami, Florida. Located in Miami-Dade County, with addresses spanning 1001-1075 NE 79th St, zip code 33138, this property boasts a T5-O zoning designation, permitting diverse uses including multifamily, hospitality, mixed-use, and commercial projects. The site's substantial size and prominent location offer significant development potential. With approximately 500 feet of frontage on 79th Street Causeway, the property enjoys high visibility to an estimated 39,200 vehicles daily. The Live Local Act may offer additional development advantages, such as increased density and height allowances, tax exemptions, and reduced parking requirements. The property's proximity to Biscayne Bay and Pelican Harbor Public Boat Ramp makes it particularly attractive for a proposed dry dock marina, addressing the current shortage of boat storage in South Florida. The APN numbers for this property are 01-3207-016-2850, 01-3207-016-2860, 01-3207-016-2870, 01-3207-016-2880, 01-3207-016-2890, 01-3207-016-2900, 01-3207-016-2910, and 01-3207-016-2920. This versatile site offers developers a chance to capitalize on Miami's thriving real estate market and address the growing demand for both housing and boat storage.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,631,798
- Hospitality
- $2,410,713
- Educational
- $2,005,685
- Medical
- $2,074,663
- Retail
- $3,119,954
Location Insight
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.8483
- Longitude
- -80.1762
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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