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Other Land - EL-RITO for Sale

1205 NW 79TH ST, MIAMI, FL 33147

Asking Price$2,100,000

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  • Days on market:

    296 day(s)
  • Original Price:

    $2,100,000
  • Tax Legal Description:

    EL RITO PB 15-46 LOT 1 & 2 LESS S15FT & LOT 3 LESS S15FT & E25FT FOR R/W BLK 3 LOT SIZE 9793 SQ FT M/L OR 18539-2402 0399 1
  • Tax Year:

    2024
  • Property Type:

    Land
  • Waterfrontage (sqft):

    104
  • Lot Features:

    City Location Corner Lot Less Than 1 Acre

Description

$2,100,000

This project offers an approved site plan of 40 residential units + commercial space, in a stunning, modern six-story structure. comprised of roughly 40,000 square feet, including parking area and retail space, this development promises extraordinary living spaces designed to inspire. beautiful design with 30 1 bedroom / 1 bathroom and 10, 2 bedrooms / 2 bathrooms apartments. the project presents two exciting possibilities for investors. - developed as a rental community +retail-commercial space, it has the potential to be along-term incomeg enerator, providing steady cash flow for years to come. - alternatively, the property could be converted to individual condominiums + retail-commercial space... and sold to individual owners

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