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123 NE 79th St, Miami FL 33138

Commercial For Sale
$8,000,000

BTC: 124.63076189

ETH: 4,537.87423282

87 days
0 room(s)

Overview

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.

Location

Florida • Miami • 33138 • Commercial • For Sale

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,900,000
$2.1M – $8.3M
Confidence Low
List vs. estimate
$4.1M above estimate
List $8,000,000 · +105.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $500K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Lot

    • Lot: 1.04 Acres

    Other Property Information

    • Parcel Number: 01-31-12-011-0120

    • Zoning: 6100

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Other Utilities Available

    • None

  • Source details

    • MLS ID: A11990449

    Other facts

    • Lot Features: Other Location / 1-2.5 Acres

    • Water Source: Other

    • Lot Size Dimensions: 251x184

    • Subdivision Name: 123 NE 79th St

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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Market around this address

Live counts in the same area.
View all
This zip
33138
318
median $979K
Active
Same city
Miami
12,367
median $640K
Active
Same type
Commercial
1,196
median $1.3M
Active
Similar price
$5.6M – $10.4M
364
median $7.3M
Active

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: Gridline Properties