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33792983
33792984

111 Northwest 77th Street, Miami, FL 33150

BK
FL 3634365
Fausto Commercial
Listed by Fausto Commercial
$2,300,000
1 day on market
Updated 1 day ago
Opportunity zone

111 NW 77th St & 7722 NW 1st Ave Assemblage

Details
Property Type Multifamily, Land (+1)
Sub Type Apartment Building, Day Care/Nursery (+1)
Square Footage 2,528
Year Built 1937
Year Renovated 1996,2020
Buildings 2
Lot Size (SqFt) 20,776
Zoning T5-R
Ground Lease No

±0.48-Acre T5-R Assemblage in Little River | Opportunity Zone | Covered-Land Upside

Marketing description

A contiguous ±0.48-acre development assemblage (20,776 SF across two adjoining parcels under common ownership) is available as a single sale at $2,300,000 in Little River, Miami’s most active redevelopment corridor and a federally designated Opportunity Zone. The offering anchors a hard corner at NW 1st Avenue and NW 77th Street.

T5-R zoning delivers up to 31 units by right within a five-story envelope. Because the by-right density uses only part of that envelope, the corner is a natural candidate for a density-increasing play through a TSND petition or a rezoning, with a possible parking reduction by Exception given transit proximity. Buyers are invited to underwrite the upside on their own terms.

With two existing structures in place, the assemblage lends itself to a covered-land approach: control the corner and carry it while a future project is designed, finalized, and permitted. Priced near $111 per land SF, a discount to recent Little River land trades, and positioned steps from the $3 billion Little River District, the FEC rail corridor, Wynwood, and the Design District.

Investment highlights

  • $2,300,000 single-sale assemblage: ±0.48 acre / 20,776 SF, two contiguous parcels, common ownership
  • Approximately $111 per land SF, a discount to recent Little River development-site pricing
  • T5-R: up to 31 units by right; five-story envelope only partially utilized
  • Covered-land optionality while entitling and permitting a future development
  • Density upside via TSND petition or rezoning; potential parking reduction by Exception near transit
  • Opportunity Zone tax benefits for qualifying capital
  • FEC corridor and Northeast SMART transit corridor location; minutes to Wynwood, Design District, MiMo
  • Adjacent to the $3 billion Little River District; build-ready corner with no assembly risk

Listing Contacts

BK
FL 3634365
Fausto Commercial
Listed by Fausto Commercial

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Zoning

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T5-R MixedMixed UseUrban Center Transect Restricted
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Ben Kunzle
License
3634365
Brokerage
Fausto Commercial
Brokerage Phone
7542199099
Title
Real Estate Agent
Brokerage Address
1761 West Flagler Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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