123 NE 79th St, Miami FL 33138, MIAMI, FL, 33138
Active138 days on marketListed Mar 27, 2026MLS #A11990449
About this home
123 NE 79th St, Miami FL 33138
Exclusive Opportunity to Acquire a Prime Development Site in Miami’s NE 79th Street. Located in Uptown Little River’s most active corridor, this exceptional site presents investors and developers with a unique chance to secure a prime asset offering vast development potential. The property spans 45,114 square feet and is zoned T6-8-O, allowing for the development of 155 residential units as of right. Additionally, the site is eligible for SB102-Live Local, which offers increased density, providing even more potential for impactful development. Situated within Miami’s vibrant Little River neighborhood, the site enjoys close proximity to the Biscayne Boulevard Corridor and Miami Beach, with convenient access to major thoroughfares and Miami’s fastest-growing neighborhoods, including Edgewater, Midtown, and the Design District.
Facts & features
The home at a glance
1.04 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$46,328 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$53,661/mo
Includes estimated PMI — it drops off once you reach 20% equity. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Little Haiti
Get to know Miami. See the full Miami guide →
Little Haiti — neighborhood snapshot
Population
29,864
Median age
38
Median income
$49,597
Median home value
$568,827
Avg household
3
Households w/ children
3,355
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 2325% above the MIAMI 33138 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 123 NE 79th St
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$1,150,000
5802 NW 5th Av, Miami FL 33127
4 bd · 4 ba · 0 sqft · 29 DOM
Sold · May ’26$220,000
650 NE 64th St # G506, Miami FL 33138
0 bd · 1 ba · 571 sqft · $385/sqft · 182 DOM
Sold · Aug ’25$385,000
720 NE 62nd St # 301, Miami FL 33138
1 bd · 1 ba · 658 sqft · $585/sqft · 11 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 123 NE 79th St — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 123 NE 79th St — before you fall in love.
See it in person
Schedule a tour
Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
123 NE 79th St FAQs
What would the monthly payment be for 123 NE 79th St, Miami FL 33138?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $46,328/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 123 NE 79th St, Miami FL 33138?+
The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $8,000,000, this home is listed about 1211% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 123 NE 79th St, Miami FL 33138?+
Toussaint L'Ouverture Elementary (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Gridline Properties · Alfredo Riascos. MLS #A11990449.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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