321 NE 78th St, Miami, FL, 33138
321 NE 78th St, Miami, FL, 33138 - Image 2321 NE 78th St, Miami, FL, 33138 - Image 3321 NE 78th St, Miami, FL, 33138 - Image 4321 NE 78th St, Miami, FL, 33138 - Image 5

321 NE 78th St, Miami, FL, 33138

PRESENTING A HIGH-DENSITY INFILL DEVELOPMENT OPPORTUNITY JUST OFF LITTLE RIVER'S HYPER-ACTIVE NE 79TH STREET CORRIDOR.... The property's underlying T6-8-O zoning provides a flexible framework for multifamily, mixed-use, and commercial development, with significant additional density potential through the Live Local Act. An existing vacant 2,932 SF multifamily building has a demolition permit ready to go, allowing developers to move toward site preparation without the complications of tenant relocation or an extended demolition permitting process. Its Qualified Opportunity Zone designation offers potential tax benefits for eligible investments, adding another layer of appeal for long-term development strategies. Positioned just south of NE 79th Street, the site benefits from a growing wave of residential and mixed-use development throughout Little River, including the nearby CedarST and Little River Plaza projects currently under construction. As new projects bring additional residents, businesses, and investment into the neighborhood, the property is well positioned to benefit from continued growth. With convenient access to Biscayne Boulevard, NE 2nd Avenue, and I-95, this offering presents an attractive opportunity to develop within one of Miami's evolving urban core neighborhoods.

Information

Property typeLand
Plot size10,000 sqft
Last sold2014-08-20
Last sold priceUSD 99,000
CountyMiami-Dade
ZIP code33138
LocationMiami, United States

USD 1,500,000

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Where it's located

Miami, United States

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