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1133 NW 79th Ter, Miami, FL, 33150

5beds
4baths
3,396sqft
$1,280,000
$377price/sqft
$8,086/moest. monthly cost
$323,440/yrincome needed

About This Home

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

Getting Around

61
WalkingSomewhat Walkable
46
TransitSome Transit
55
BikeBikeable

Schools

7/10
4/10
Madison Middle SchoolGrades 6-82.3 mi

Construction

Condition

  • Year built: 1942

Materials

  • Roof: Concrete
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,396
  • Total interior livable area: 3,396 sqft

Property

Details

  • Parcel number: 3031110250150
  • Zoning: 5700

Features

  • Stories: 2

Lot

  • Features: 1/4 To Less Than 1/2 Acre Lot

Parking

  • Total spaces: 7