$800,000

Sold

1133 NW 79th Ter, Miami FL 33150

3,396 sq ftBuilt 1942MLS# A12051752

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About this property

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

Property details

Property type
Multi-family
Year built
1942
Living area
3,396 sq ft
Price per sq ft
$289
Property taxes
$9,288/yr
Parking
7 spaces
Building / community
Nature Park
Status
Sold
MLS #
A12051752

Listing courtesy of DeMar Realty.

Location

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