260 79th St ,Retail, Free Standing for Sale

260 79th St for Sale

Price $3,000,000.00

• Lot size 12700
• Year Build 1937
• Waterfront
• Zip 33138
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami?s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more.

7 53 42 .17 AC BEG 416FT E & 15FTS OF NW COR OF SW1/4 RUN E50FT S150FT W50FT N150FT TO BEG LESS ST LOT SIZE 50.000 X 130 COC 25322-0209 01 2

Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami?s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Latitude:25.8473818,List Price:3000000,Listing Id:A11543083,Longitude:-80.191463,Mls Status:Active,Year Built:1937,Postal Code:33138,Street Name:79th St,Coordinates:1:25.8473818,Lot Size Units:Square Feet,M I A M I R E_ Area:31,On Market Date:2024-03-02,Parcel Number:01-32-07-000-0250,Property Type:Commercial Sale,Street Number:260,Public Remarks:Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami?s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4819,Property Sub Type:Retail,State Or Province:FL,Street Dir Prefix:NE,Tax Annual Amount:18524,Unparsed Address:260 NE 79th St, Miami FL 33138,Listing Agreement:Exclusive Right To Sell,Building Area Total:12700,Building Area Units:Square Feet,Lot Size Square Feet:12000,Original List Price:3000000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks:Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot. Two folios, underlying zoning is T-6-8-O allowing for a multitude of uses and the possibility of vertical development. Pro-forma rents for renovated building are approaching $45psf net in the area. Building do require a total overhaul and renovation. The site is at the epic-center of Miami?s next development boom. The site is just adjacent from the former-INS Site where a Mega-Project is in the works, as well as other major local hotspots like Ironside, Citadel, Emancipator Creative Spaces, and much more.,Listing Contract Date:2024-03-02,Originating System I D:miamire,Street Number Numeric:260,Tax Legal Description:7 53 42 .17 AC BEG 416FT E & 15FTS OF NW COR OF SW1/4 RUN E50FT S150FT W50FT N150FT TO BEG LESS ST LOT SIZE 50.000 X 130 COC 25322-0209 01 2,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Internet Remarks:Two Retail Buildings totaling 12,700sf on 12,000sf lot fronting High Traffic 79 st and in a Development Hot Spot.,Contract Status Change Date:2024-03-02,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,