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729 NE 85th St - Value-Ready Infill Development Site 0.12 Acres of Residential Land Offered at $827,395 CAD in Miami, FL 33138
Investment Highlights
- T5-R zoning allows for development up to seven (7) residential units across five (5) stories by right
- Immediately accessible to the main NE 79th Street and Biscayne Boulevard commercial corridors
- Vacant infill parcel without pre-existing entitlements and priced as raw dirt
- Positioned within a key growth market shaping North Miami-Dade’s next cycle
Executive Summary
THE ALPHA COMMERCIAL ADVISORS® PRESENTS A BLANK SLATE INFILL DEVELOPMENT OPPORTUNITY READY FOR ENTITLEMENTS IN THE EAST-OF-BISCAYNE
SHORECREST NEIGHBORHOOD.
With T5-R zoning in place, this boutique vacant land parcel allows for the development of up to seven (7) residential units across five stories by-right, providing a straightforward framework without the baked-in premium or typology constraints of pre-existing entitlements.
Located in the desirable Easternmost pocket of the Little River area between high-traffic Biscayne Boulevard and the bay, the property offers the best of both worlds with walkable access to retail, and dining plus unmatched accessibility throughout the region via the NE 79th Street corridor. Surrounded by a robust pipeline of new construction, the site is well positioned to benefit from continued neighborhood momentum, strong absorption, and long-term value creation.
SHORECREST NEIGHBORHOOD.
With T5-R zoning in place, this boutique vacant land parcel allows for the development of up to seven (7) residential units across five stories by-right, providing a straightforward framework without the baked-in premium or typology constraints of pre-existing entitlements.
Located in the desirable Easternmost pocket of the Little River area between high-traffic Biscayne Boulevard and the bay, the property offers the best of both worlds with walkable access to retail, and dining plus unmatched accessibility throughout the region via the NE 79th Street corridor. Surrounded by a robust pipeline of new construction, the site is well positioned to benefit from continued neighborhood momentum, strong absorption, and long-term value creation.
Property Facts
| Price | $827,395 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Property Type | Land | ||
| Zoning | T5-R - By-right allowances for mid-rise multifamily development, Max Density: 7 units (65 du/acre), Max Height: 5 stories. | ||
| Price | $827,395 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.12 AC |
| Zoning | T5-R - By-right allowances for mid-rise multifamily development, Max Density: 7 units (65 du/acre), Max Height: 5 stories. |
1 Lot Available
Lot
| Price | $827,395 CAD | Lot Size | 0.12 AC |
| Price Per AC | $6,894,959.45 CAD |
| Price | $827,395 CAD |
| Price Per AC | $6,894,959.45 CAD |
| Lot Size | 0.12 AC |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-3207-003-0620 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $123,161 CAD |
Property Taxes
Parcel Number
01-3207-003-0620
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$123,161 CAD
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729 NE 85th St - Value-Ready Infill Development Site
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