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260 NE 79th St Miami, FL $ 3,000,000
260 NE 79th St
$ 3,000,000
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260 NE 79th St

Miami, FL, 33138
$ 3,000,000
Baths0.0 Sq 12,700

Monthly Estimate*

$ 19,939

Studio

Commercial Property for sale in Miami, FL

for $3,000,000. This 12,700 square foot building was built in 1937 on a lot size of 0.275482.

Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami’s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more.

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Commercial Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,524

Style

Detached

Lot Size

0.275482

Year Built

1937

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11543083

Features
General
Architectural Style Detached
Year Built 1937
Property SubType Retail
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 6100
MLS Area 31
Lot Size Square Feet 12000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 79th St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 18524.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Standard Status Active
Occupancy Type CallAgent
Legal Description 7 53 42 .17 AC BEG 416FT E & 15FTS OF NW COR OF SW1/4 RUN E50FT S150FT W50FT N150FT TO BEG LESS ST LOT SIZE 50.000 X 130 COC 25322-0209 01 2
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Exterior
Lot Size Area 12000.0
Spa N
Building Area Total 12700.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 260
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

cfm@faustocommercial.com

Email

Affordability Calculator

$21,483
Per Month
93%
7%
0%
Monthly Principal & Interest
$19,939
Monthly Property Taxes
$1,544
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$3,000,000 Listed Price

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260 NE 79th St, Miami, FL, 33138 is a Commercial Property for sale at $3,000,000 with 12,700 sqft and a lot size of 0.275482. 260 NE 79th St is a studio with 0.0 baths and was built in 1937. The property's zip code is 33138 which is in Miami, FL