633 NE 79 ST
High-Exposure Development Site
Marketing description
THE ALPHA COMMERCIAL ADVISORS PRESENTS A STRATEGIC, HIGH-EXPOSURE DEVELOPMENT OPPORTUNITY AT THE MAIN BISCAYNE BOULEVARD & NE 79TH STREET INTERSECTION OF BOOMING LITTLE RIVER SUB-MARKET.
Offering exceptional visibility to over 67,000 AADT of circulating traffic, this rarely available raw land parcel is ideally suited for a wide range of development options both near and long-term including retail, office, hotel, multi-family and mixed-use projects.
Positioned just East of Biscayne Boulevard at the boundary of the Shorecrest, Little River, and MiMo District neighborhoods, this is the ideal acquisition for buyers to land-bank, build or entitle as the area experiences rapidly increasing development momentum. Surrounded by a mix of both national and mom & pop retailers, the site provides optionality, utility, and even interim income from its temporary F&B program.
The combination of strong exposure, functional scale and flexible use potential creates a compelling opportunity for developers and end-users alike to capitalize on continued growth within this rapidly evolving corridor, ahead of real value appreciation.
Investment highlights
High-Traffic Location: Prime positioning at Biscayne Blvd & NE 79th St with over 67,000 AADT, offering exceptional visibility and access.
National Retailer Mix w/ Local Charm: Surrounded by national retailers including Wendy’s, Taco Bell, and CVS, as well as local F&B gems like Marky’s Gourmet, Osteria, Battubelin and San Lorenzo Ristorante, with direct proximity to the North Beach Marina.
Flexible By-Right Development Potential: Allowing up to 14 units by-right, the site supports a wide range of uses including multifamily, retail, office, hotel, and more – with the area’s staple aesthetic supporting a low-rise mixed-use development program with activated street-level commercial.
Growth Corridor + Strong Demand Drivers: Located in the rapidly evolving Little River area touting a massive development pipeline, walkability to neighborhood services, transportation, retail, and dining, and diverse housing options ranging from ultra-luxury to market-rate and affordable.
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