Redevelopment Opportunity
$2,000,000
859-863 Northeast 79th Street, Miami, FL 33138
For Sale
Retail
Street Retail
Active
Last Updated: 05/28/2021
140,000
NOI
5,600 sqft
Building Size
Details:
NOI: $140,000
Building Size: 5,600 sqft
Lot Area: 14,000 sqft
Year Built: 1949
Zoning: T5-0
Tenancy: Multiple
Parking Spots: 15
Investment Strategy: Value Add
Highlights:
- In midst of rapidly developing MIMO/Shorecrest area. In densest part of Miami, surrounded by
- new rental and luxury condo development.
Description:
The building has been vacated with plans filed with building dept to develop parking lot and subdivide
the existing three storefronts into four retail spaces.
Documents:
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August Biscayne Times
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Mina's Mediterraneo Now Open on Upper Eastside _ Miami New Times.pdf
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Location

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