Commercial Sale · Mixed Use
1113 NW 79th St, Miami FL 33150, MIAMI, FL, 33150
Active41 days on marketListed Jul 4, 2026MLS #A12048937
About this property
The property at a glance
Prime 21,780 SF lot with 2,769 SF building on high-traffic NW 79th St. Zoned NCUAD-UC Edge, allowing max density mixed-use development under SB102/Live Local. Potential to build approx. 75 units. Located in a high-demand Opportunity Zone. Property generates $60K/YEAR—an ideal covered land play. Offered at just $76/SF. permitted uses include: Multifamily residential (e.g., apartments or condominiums), Ground-floor retail, restaurants, personal services, and offices. Civic uses such as libraries, daycare, or cultural facilities. Enclosed entertainment venues (like performance spaces or clubs) with proper licensing Don’t miss this rare value-add or redevelopment opportunity!
2,769
Building sq ft
$578
Price / sq ft
21,780
Lot sq ft
1931
Year built
6051
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$8,821/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. 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.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask German to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
31,936
Population
$40,802
Median income
35.8
Median age
2.83
Avg household
$377,700
Median home value
$1,179/mo
Median rent
3,848
Households w/ kids
Recent sales
What actually sold near 1113 NW 79th St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$4,500
2319 NW 27th Ave, Miami FL 33142
Sold Jan 1, 2025
$3,600
2320 NW 7th Ct # 2326, Miami FL 33127
Sold Jun 1, 2025
$25
2320 NW 7th Ct # 2322, Miami FL 33127
Sold Nov 1, 2025
Your team
The pros in your corner
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 1113 NW 79th St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1113 NW 79th St.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Keller Williams Capital Realty · Jorge Fernandez-Pla. MLS #A12048937.
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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