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31569454
31569471

1205 NW 79th St, Miami, FL 33147

JM
FL BK3391005, 3391005
The Alpha Commercial Advisors
Listed by The Alpha Commercial Advisors
$1,890,000
56 days on market
Updated 22 days ago

1205 NW 79 ST

Details
APN 30-31-11-010-0190
Property Type Land
Sub Type Commercial, Residential
Broker Co-Op Yes
Acreage 0.260
Zoning NCUAD

West Little River 40-Unit Approved Project

Marketing description

THE ALPHA COMMERCIAL ADVISORS PRESENTS SKY79--A FULLY APPROVED & LATE-STAGE PERMIT DEVELOPMENT OPPORTUNITY AT THE FRONTIER OF MIAMI'S RAPIDLY TRANSFORMING NW 79TH STREET CORRIDOR.

Located within Miami-Dade's North Central Urban Area District just west of I-95, Sky79 sits along the ultra high-traffic NW 79th Street transportation corridor--at the epicenter of a neighborhood undergoing dramatic transformation, with large-scale institutional developers and numerous ASPR-approved infill projects actively reshaping the area's residential and commercial landscape.

Fully entitled and construction-documented through Miami-Dade County, Sky79 is a 40-unit, 6-story mixed-use development offerings studios, 1 Bedroom/1 Bath, and 2 Bedroom/2 Bath residences with private balconies, and ground-floor retail--minutes from Little River, Downtown Miami, Wynwood, Midtown, and Brickell. With site plan approval already secured, Opportunity Zone designation, and Live Local eligibility adding further investor upside, the project supports both a stabilized rental income strategy and a for-sale condominium execution.

Investment highlights

  • Fully Approved, Advanced-Stage Permit: Full Miami-Dade County site plan approval already secured with construction documentation complete and quickly approaching permit-ready status, offering an accelerated path from acquisition to groundbreaking with minimal entitlement risk.
  • NCUAD Zoning + Opportunity Zone + Live Local: A powerful trifecta of density-supportive zoning, federal tax incentives, and Live Local eligibility offering bonus density, reduced parking ratios, and long-term investor advantages for getting in early on this powerful path-of-progress.
  • Dual Exit Strategy: Sky79's 40-unit, 6-story mixed-use program supports both a stabilized rental and retail income play, or a for-sale condominium execution--two clearly defined, market-supported paths to return.
  • NW 79th Street Corridor Momentum: Positioned at the epicenter of one of Miami's most actively transforming urban corridors, with large-scale institutional developers and a growing pipeline of ASPR-approved infill projects driving sustained land value appreciation west of I-95.
  • Curated Unit Mix & Modern Design: Offering studios, 1BR/1BA, and 2BR/2BA residences with private balconies, ground-floor retail, and partial on-site parking--all wrapped in a contemporary architectural expression designed to attract and retain quality tenants or end-buyers.

Listing Contacts

JM
FL BK3391005, 3391005
The Alpha Commercial Advisors
Listed by The Alpha Commercial Advisors

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