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321 NE 78th St Miami, FL 33138
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Little River Gardens
MLS Listing ID A12115153
HOA Y/N No
Annual Tax Amount $12,038
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 50x150
Property Description
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.
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.
Location
State FL
County Miami-dade
Community Little River Gardens
Area 42
Zoning 6100
Exterior
Utilities Available None, Sewer Not Available
Present Use Commercial,Unimproved
Private Pool Yes
Building
Lot Description <1 Acre, Irregular Lot
Sewer None
Water Public
Others
Tax ID 01-32-07-042-0020
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12115153
Listed by The Alpha Commercial Advisors LLC