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Map
$5,590,000
↓ $700K (11.1%)
●
Property -
For Sale
257 NE 79th St
Miami, FL 33138
Studio
0 Bath
$28,939
Estimated Monthly
$0
HOA / Fees
-0.04%
Cap Rate
About This Property
Exclusive opportunity to acquire a development site in Miami's
79th Street Corridor.
The strategically located development site at 235-257 NE 79th Street includes two folios totaling 0.91 Acres or 40,040 SF. Its zoning, T-6-8-O, allows the highest density in the City of Miami where 137 residential units or 274 hotel rooms can be developed as of right.
The strategically located development site at 235-257 NE 79th Street includes two folios totaling 0.91 Acres or 40,040 SF. Its zoning, T-6-8-O, allows the highest density in the City of Miami where 137 residential units or 274 hotel rooms can be developed as of right.
Unit Size
-
Days on Market
83 days
Land Size
0.91 acres
Price per sqft
-
Property Type
Property
Property Taxes
$1,491
HOA Dues
-
Year Built
1953
Listed By
Last updated: 3 months ago (Miami MLS #A11534486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Price Decreased |
$5,590,000
↓ $700K
(11.1%)
|
|
| Price Decreased | |||
| Feb 16, 2024 | Listed by Gridline Properties | $6,290,000 | |
| Listed by Gridline Properties | |||
| Nov 5, 2020 | Sold to Street Development Llc 79th | $1,086,300 | |
| Sold to Street Development Llc 79th | |||
| Jun 6, 2017 | Sold to N E 1 Avenue Properties Llc... | $1,100,000 | |
| Sold to N E 1 Avenue Properties Llc... | |||
Property Highlights
Exterior Details
Building Information
Building Name: 235-257 NE 79th Street
Building Area Units: Square Feet
Lot Information
Lot Features: City Location, Less Than 1 Acre
Lot Size Units: Square Feet
Lot Size Acres: 0.91
Lot Size Square Feet: 40040
Lot Size Dimensions: 77x218
Land Information
Water Source: Other
Financial Details
Tax Legal Description: 7 53 42 .29 AC TUTTLES SUB PB B-3 BEG 339FTE OF SW COR LOT 22E 38FT N 330FTW 35FTS 150FTW 3FTS TO POB LESS ST LOT SIZE 14940 SQUARE FEET OR
Tax Annual Amount: $17,886
Tax Year: 2023
Parcel Number: 01-32-07-020-0500
Property is Zoned: 6100
Utilities Details
Sewer : Other
Utilities: Other Utilities Available, Other
Location Details
No Home Owners Association
257 NE 79th St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
6
Beds
5
Baths
4,480 ft²
$1,228/ft²
$5,500,000
Jul 6, 2023
$5,500,000
Sep 7, 2023
$1,023/mo
House
6
Beds
7
Baths
5,022 ft²
$1,065/ft²
$5,350,000
Aug 2, 2023
$5,350,000
Oct 23, 2023
$4,330/mo
House
5
Beds
4
Baths
3,850 ft²
$1,403/ft²
$5,400,000
Jul 14, 2023
$5,400,000
Jan 8, 2024
$1,537/mo
House
4
Beds
3
Baths
2,986 ft²
$1,708/ft²
$5,100,000
Aug 16, 2023
$5,100,000
Sep 29, 2023
$2,213/mo
Active
House
5
Beds
6
Baths
4,711 ft²
$1,475/ft²
$6,950,000
Mar 1, 2023
-
$1,175/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/14/2023
|
|
Loft
|
-
|
-
|
$8,250,000
Loft
-
|
-
-
|
-
|
Alfredo Riascos
Gridline Properties
|
Building Info
257 Northeast 79th Street
257 Northeast 79th Street, Miami, FL 33138
- 1 Unit for Sale
About Northern Miami
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Nearby Rentals
Listed by: Alfredo Riascos
Gridline Properties
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11534486
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Gridline Properties
Last Updated: 3 months ago
Data Source: Miami MLS, MLS# A11534486
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
