RealPro Group S. Fl Real Estate
Commercial Land: Unimproved Multi Family (5+Units)

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1477 NW 79th St Miami, FL 33147
Price: $1,770,900
Type of Property: Income/MultiFamilyArea: 31
Style of Property: Unimproved Multi Family (5+Units)
ID#: 1011452056 Zoning_Information: 6062
Tax Amount: 9441
Status: Active & AvailableTax Year: 2023
Approximate Lot Size: 18600
County: Miami-Dade County
Folio Number: 30-31-11-041-0250
Listed Date year/month/day: 2023-09-13
Legal:EVERGLADES AVE HGTS PB 16-66 LOTS 21 THRU 24 INC LESS S15FT FOR R/W BLK 3 LOT SIZE 186.00 X 85.00 OR 15688-1483 0692 4

Price includes ASPR approval 126 unit apartment building plus retail. Estimated all in development cost of $28.1 million including land. Gross income of $3.1 million. Estimate in attachments. Can be delivered shovel ready for $3 million by April 2024. Price flexible based on where project is in approvals. Currently there are 80 plus parking spaces, but is entitled to a 76% reduction in parking and you can add additional units in its place up to 185 units, or as many as you can fit in 15 stories.  Not in a flood zone. Possible owner financing. Near the planned SOAR park on NW 79th St with over 4,000 units. 5 year average price change in West Little River has been +$184,710 or 92%! Possible to combine with ASPR approved projects at 4595 NW 22nd Ct and/or 2181 NW 90th St.


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RealPro Group, Inc. is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing.This property is listed by Zilla Real Estate, Inc .
South Florida Real Estate
RealPro Group, Inc.
Licensed Real Estate Broker
 Equal Housing Opportunity
Joe A. Ardolino

Broker

Phone: 305 710-0119
Realtor - Multiple Listing Service
joe@realprogroup.com
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