728 NORTH WEST 79TH ST, Miami
$8,900,000 USD
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| Address | 728 NORTH WEST 79TH ST, Miami |
| Type of Property | Restaurant / Entertainment |
| Type of Business | Restaurant / Bar |
| Price | $8,900,000 |
| Previous Price | $10,000,000 (4 days ago) |
| Property Status | Active |
| MLS Number | A11850778 |
| Property Size | 42000 |
| Lot Size | 42000 |
| Year Built | 1941 |
| Parking Space Number | 175 |
| Folio Number | 30-31-11-035-0040 |
| Zoning Information | NCUAD + T5-O |
| Days on Market | 96 |
Detailed Description: Prime Mixed-Use Redevelopment – 728 NW 79th St, Miami, FL Rare covered land play with immediate cash flow and major redevelopment upside in Miami’s booming NW 79th St corridor. ±42,000 sq.ft 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33150 |
| Address | 728 NORTH WEST 79TH ST |
| Section | 11 |
| Zip Code (4 Digits) | 3136 |
Financial Information
| Price | $8,900,000 |
| Price per Foot | $0 |
| Previous Price | $10,000,000 |
| Folio Number | 30-31-11-035-0040 |
| Tax Amount | $11,816 |
Full Descriptions
| Detailed Description | Prime Mixed-Use Redevelopment – 728 NW 79th St, Miami, FL Rare covered land play with immediate cash flow and major redevelopment upside in Miami’s booming NW 79th St corridor. ±42,000 sq.ft 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. |
| Parking Description | Additional Spaces Available, Covered |
Property parameters
| Living Area | 42000 |
| Lot Size | 42000 |
| Total Acreage | 0.000 |
| Zoning Information | NCUAD + T5-O |
| Maximum Leasable Size | 42000 |
| Year Built | 1941 |
| Type of Property | Restaurant / Entertainment |
| Type of Business | Restaurant / Bar |
| Stories Number | 3 |
| Street Direction | North West |
| Parking Space Number | 175 |
| Listed with | Campos Commercial Real Estate LLC |