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1477 NW 79th St - Site Plan Approved Development 0.36 Acres of Commercial Land Offered at $2,167,605 CAD in Miami, FL 33147



Investment Highlights
- Positioned peripherally to the urban core amongst transformative projects totaling 10,000+ planned units
- Opportunity Zone + Live Local incentives combines federal and local programs offering bonus density, reduced parking ratios, & tax advantages
- Full site-plan-approval secured for 126 units plus ground floor retail with seller flexibility to scale back height & density to meet buyer objectives
- Full-block frontage on bustling NW 79th Street, experiencing upwards of 36,500 daily vehicles
Executive Summary
THE ALPHA COMMERCIAL ADVISORS PRESENTS A SITE PLAN APPROVED OPPORTUNITY WITH FULL-BLOCK FRONTAGE ON WEST LITTLE RIVER’S CRITICAL NW 79TH STREET PATH TO PROGRESS.
Located within Miami-Dade’s North Central Urban Area District at the frontier of development West of I-95, this corridor is rapidly transforming, with large-scale projects by Swerdlow, Lennar, and Related delivering thousands of new housing units, retail, and employment to the area, joined by numerous ASPR-approved infill sites slated to bring everything from indoor padel courts to ground-up retail plazas and massive transit-oriented lifestyle hubs.
The subject site is fully-approved for a 126-unit Live Local project, offering both entitlement certainty and design flexibility, as the seller is open to scaling back height & density to meet a buyer’s program. With Opportunity Zone designation, Live Local eligibility, and site plan approval already baked-in, the site provides strong fundamentals and long-term upside as development momentum continues picking up speed on this high-traffic.
Frontier of Growth: Positioned peripherally to the urban core amongst transformative projects totaling 10,000+ planned units and establishing NW/NE 79th Street as Miami’s next big development corridor.
Fully-Approved Project: Full site-plan-approval secured for 126 units plus ground-floor retail with seller flexibility to scale back height and density to meet buyer objectives.
Opportunity Zone + Live Local Incentives: Combines federal and local programs offering bonus density, reduced parking ratios, and long-term tax advantages.
High-Traffic Location: Full-block frontage on bustling NW 79th Street, experiencing upwards of 36,500 daily vehicles with ready-access to both public transit and infrastructure.
Located within Miami-Dade’s North Central Urban Area District at the frontier of development West of I-95, this corridor is rapidly transforming, with large-scale projects by Swerdlow, Lennar, and Related delivering thousands of new housing units, retail, and employment to the area, joined by numerous ASPR-approved infill sites slated to bring everything from indoor padel courts to ground-up retail plazas and massive transit-oriented lifestyle hubs.
The subject site is fully-approved for a 126-unit Live Local project, offering both entitlement certainty and design flexibility, as the seller is open to scaling back height & density to meet a buyer’s program. With Opportunity Zone designation, Live Local eligibility, and site plan approval already baked-in, the site provides strong fundamentals and long-term upside as development momentum continues picking up speed on this high-traffic.
Frontier of Growth: Positioned peripherally to the urban core amongst transformative projects totaling 10,000+ planned units and establishing NW/NE 79th Street as Miami’s next big development corridor.
Fully-Approved Project: Full site-plan-approval secured for 126 units plus ground-floor retail with seller flexibility to scale back height and density to meet buyer objectives.
Opportunity Zone + Live Local Incentives: Combines federal and local programs offering bonus density, reduced parking ratios, and long-term tax advantages.
High-Traffic Location: Full-block frontage on bustling NW 79th Street, experiencing upwards of 36,500 daily vehicles with ready-access to both public transit and infrastructure.
Property Facts
1 Lot Available
Lot
| Price | $2,167,605 CAD | Lot Size | 0.36 AC |
| Price Per AC | $6,021,124.86 CAD |
| Price | $2,167,605 CAD |
| Price Per AC | $6,021,124.86 CAD |
| Lot Size | 0.36 AC |
Net lot area: 17,156 SF (0.39 acres) Gross lot area: 32,189 SF (0.74 acres) Zoning NCUAD, Allowable uses: Multi-family, Mixed-Use, Retail, Office, Religious, Educational, Hotel, Healthcare and more
Property Taxes
| Parcel Number | 30-3111-041-0250 | Improvements Assessment | $0 CAD |
| Land Assessment | $856,768 CAD | Total Assessment | $856,768 CAD |
Property Taxes
Parcel Number
30-3111-041-0250
Land Assessment
$856,768 CAD
Improvements Assessment
$0 CAD
Total Assessment
$856,768 CAD
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1477 NW 79th St - Site Plan Approved Development
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