1133 NW 79th Terrace, Miami, FL 33150
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Active

$1,280,000

1133 NW 79th Terrace, Miami, FL 33150

Beds
0 Baths
3,396 Sq Ft
1942 Year Built

Property Description

Prime multifamily investment and development opportunity in Miami’s rapidly evolving NW 79th Street Corridor! This unique corner property consists of 3 separate buildings with a total of 7 legal units, offering immediate income potential plus significant upside. The property includes a 3-bedroom/2-bath single-family home, a 1-bedroom/1-bath single-family home, and a 5-unit building with five 1-bedroom/1-bath apartments. In addition, the corner portion of the lot offers the potential to build a new duplex, expanding the property to a total of 9 units, subject to applicable approvals and permitting. Located near Liberty Square and within an Opportunity Zone, this property is ideally positioned to benefit from continued neighborhood investment, redevelopment, and growth. An excellent opportunity for an investor seeking a combination of existing multifamily income, value-add potential, and future development possibilities in an up-and-coming Miami location. Rare opportunity to acquire, reposition, and expand in one of Miami’s emerging investment corridors

Property Details

MLS Number
A12051752
Property Type
Quadruplex
City
Miami
County
Miami-Dade
Subdivision
NATURE PARK
Garage
spaces