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111 NW 77th St, Miami FL 33150

Commercial For Sale
$2,300,000

BTC: 35.53770087

ETH: 1,208.84665517

57 days
0 room(s)

Overview

Rare T5-R redevelopment parcel in fast-moving Little River, offered as part of a two-property assemblage with the adjacent 7722 NW 1st Avenue. This ±13,219 SF lot is currently improved with a ±1,360 SF commercial building operating as a daycare and sits within a federally designated Opportunity Zone. T5-R zoning at 65 units per acre supports multifamily redevelopment, and combined with the neighboring parcel the ±20,776 SF assemblage allows up to 31 units by right within a five-story envelope, with further density upside available through a TSND petition or rezoning. The existing structure offers covered-land flexibility while a future project is designed, finalized, and permitted. Offered exclusively as part of a $2,300,000 assemblage and sold together with 7722 NW 1st Avenue (Folio 01-3112-050-0011), not available separately. Minutes to Wynwood, MiMo, and the $3B Little River District. Buyer to verify zoning, dimensions, and development potential.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.30 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,600,000
$624K – $3.7M
Confidence Low
List vs. estimate
$700K above estimate
List $2,300,000 · +43.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $515K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,144
2025
All facts and features
  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 01-31-12-050-0010

    • Zoning: 4600

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $8,144

  • Source details

    • MLS ID: A12040649

    Other facts

    • Lot Features: Corner Lot / Less Than 1 Acre / Oversized Lot

    • Water Source: Municipal Water

    • Lot Size Dimensions: 118x80

    • Subdivision Name: CAPITAL SUB PHOENIX PK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc