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Everglades Ave Heights

$1,799,000

1477 NW 79th St, Miami, FL 33147

Active
Last Updated: 07/17/2025
 
 
Highlights:
  • Lot Features: Central Business District, Corner Location, Urban Area Development, Less Than 1 Acre
  • Documents Available: Survey Available
Description:

SITE PLAN APPROVED/Opportunity Zone a project for 126 units + retail.  Parnership dissolution. Seller financing as little as 25% down and favorable terms. Can expand the project an additional 6 floors and up to 185 units total by right (or make the build smaller, asking $ works for a smaller project) Nearby developments: Lennar and Swerdlow group 79th St projects, Swerdlow Group mixed-use brightline mega project and HueHub on 84th St w/ 4,032 units. Benefits of this project include 75% reduction in property taxes in perpetuity, waiver of impact fees and refund in sales tax on materials. Cost savings of $1,713,600 off construction estimate. New water/sewer infrastructure provided by the county and is being installed along all three sides of the property. Construction estimate available.

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