UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 13,129 sqft
Price per Sqft $677
MLS Listing ID A11850778
Style Detached
HOA Y/N No
Year Built 1941
Annual Tax Amount $11,816
Lot Size 0.964 Acres
Property Sub-Type Business
Property Description
Rare covered land play with immediate cash flow and major redevelopment upside in Miami's booming NW 79th St corridor. ±42,000 SF across 7 folios with NCUAD + T5-O zoning, Live Local Act eligible, and Opportunity Zone designation. Includes 175+ parking spaces and rare 4COP liquor license.
Currently operating nightclub/bar/restaurant generating $547,200 Yearly Net Income NOI 6%+ with pro forma 20%+. Potential to build 300–500 units with up to 13 stories, ground-floor retail, and 2–3 parking levels.
Flexible Seller financing available. Excellent location with 189' frontage and direct I-95 visibility. Perfect for developers seeking density and value-add upside.
Location
State FL
County Miami-dade
Area 31
Exterior
Total Parking Spaces 175
Private Pool Yes
Building
Story 3
Architectural Style Detached
Others
Tax ID 30-31-11-035-0040
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11850778
NEARBY SCHOOL & BUSINESS
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Poinciana Park Elementary School
Public | PK - 5
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Henry E. S. Reeves Elementary School
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Earlington Heights Elementary School
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Arcola Lake Elementary School
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Phyllis R. Miller Elementary School
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Santa Clara Elementary School
Public | PK - 5
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Maya Angelou Elementary School
Public | PK - 5
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Mater Academy of International Studies
Public | KG - 5
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Melrose Elementary School
Public | PK - 5
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Kelsey L. Pharr Elementary School
Public | PK - 5
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Lorah Park Elementary School
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Orchard Villa Elementary School
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Charles R. Drew K-8 Center
Public | PK - 5
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Morningside K-8 Academy
Public | PK - 5
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Lillie C. Evans K-8 Center
Public | PK - 5
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Jesse J. McCrary, Jr. Elementary School
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Miami Park Elementary School
Public | PK - 5
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Miami Shores Elementary School
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Lakeview Elementary School
Public | PK - 5
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Eneida Massas Hartner Elementary School
Public | PK - 5
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Miami Arts Charter
Public | 6 - 12
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Doctors Charter School of Miami Shores
Public | 6 - 12
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Mater Academy Middle School of International Studies
Public | 6 - 8
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Horace Mann Middle School
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Young Men's Preparatory Academy
Public | 6 - 12
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Jose De Diego Middle School
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Allapattah Middle School
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Brownsville Middle School
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Madison Middle School
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Village South (Girls)
Public | 7 - 12
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River Cities Community Charter School
Public | 6 - 8
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Archbishop Curley Notre Dame High School
Private | 6 - 12
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Miami Behavioral Health Institute
Public | 6 - 12
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Charles R. Drew Middle School
Public | 6 - 8
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Miami Edison Middle School
Public | 6 - 8
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Secondary Student Success Center-804
Public | 6 - 12
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Cope Center North
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Westview Middle School
Public | 6 - 8
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Design & Architecture Senior High School
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School for Advanced Studies North
Public | 11 - 12
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Mater Academy High School of International Studies
Public | 9 - 12
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William H. Turner Technical Arts High School
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Miami Northwestern Senior High School
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Miami Central Senior High School
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Miami Jackson Senior High School
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Miami Edison Senior High School
Public | 9 - 12
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Stellar Leadership Academy
Public | 9 - 12
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Academy for Community Education (Ace)
Public | 9 - 12
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