Interior
- Bathrooms
- 0
Active · Retail
$2,600,000
540 NW 79th St, Miami, FL 33150
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1949
- Lot size
- 14,560 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
The subject property is a 14,560 SF infill development site zoned T6-8-O, allowing for a wide variety of high-density developments including residential, hotel, and/or office use. The zoning permits up to 8 stories, and 150 DU/AC, that’s 50 residential units, or 100 hotel keys for our site.The property is strategically located on NW 79th Street, the northern corridor of Little River, in an opportunity zone. Also great for a Car Dealer/Boat Dealer.
Property location
Get Directions540 NW 79th St, Miami, FL 33150
Loading property location…
Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1949
- Lot size
- 14,560 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11473288
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$5,089
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $12,325/mo
- Down payment
- $650,000
- Loan amount
- $1,950,000
- Annual NOI
- $86,840
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.