1133 NW 79th Terrace, Miami, FL 33150

$980,000
3,396
SqFt

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List Price
$980,000
Days on Market
33
Price Change
▼ $300,000 1786503930
MLS#
A12051752
Year Built
1942
Living Area
3,396
MLS Area Major
2310

Property Description

Prime multifamily investment and development opportunity in Miami’s rapidly evolving NW 79th Street Corridor! This unique corner property consists of 3 separate buildings with a total of 7 legal units, offering immediate income potential plus significant upside. The property includes a 3-bedroom/2-bath single-family home, a 1-bedroom/1-bath single-family home, and a 5-unit building with five 1-bedroom/1-bath apartments. In addition, the corner portion of the lot offers the potential to build a new duplex, expanding the property to a total of 9 units, subject to applicable approvals and permitting. Located near Liberty Square and within an Opportunity Zone, this property is ideally positioned to benefit from continued neighborhood investment, redevelopment, and growth. An excellent opportunity for an investor seeking a combination of existing multifamily income, value-add potential, and future development possibilities in an up-and-coming Miami location. Rare opportunity to acquire, reposition, and expand in one of Miami’s emerging investment corridors

Additional Information

Taxes
$9,288
Utilities
Cable Not Available
Heating
None, Separate Meters
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Block
Roof
Concrete
Elementary School
Arcola Lake
Middle School
Madison
High School
Miami Central

Listing courtesy of DeMar Realty.

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