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Gelfand Realty Miami Properties for Sale - Restaurant/Entertainment for Sale

728 NW 79TH ST, MIAMI, FL 33150

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Restaurant/Entertainment - for Sale

728 NW 79TH ST, MIAMI, FL 33150

Asking Price$8,900,000 Change Price$1,100,000

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  • Days on market:

    51 day(s)

  • Original Price:

    $10,000,000

  • Tax Legal Description:

    STEPHENS MANOR PB 14-18 LOTS 8 THRU 11 BLK 1 PR ADD 728 NW 79 ST LOT SIZE 100.000 X 105 OR 15916-0899 0593 2

  • Property Type:

    Restaurant/Entertainment

  • Parking:

    Covered Additional Spaces Available

  • Inclusions:

    Building & Land,Business,License

  • Special Listing Conditions:

    Sale

Description

$8,900,000

Prime mixed-use redevelopment – 728 nw 79th st, miami, fl rare covered land play with immediate cash flow and major redevelopment upside in miami’s booming nw 79th st corridor. ±36,750 sf across 6 folios with ncuad + t5-o zoning, live local act eligible, and opportunity zone designation. includes 175+ parking spaces and rare 4cop liquor license. currently operating nightclub/bar/restaurant generating noi 5%+ with pro forma 20%+. potential to build 300–500 units with up to 14 stories, ground-floor retail, and 2–3 parking levels. seller financing available with 35% down. excellent location with 189’ frontage and direct i-95 visibility. perfect for developers seeking density and value-add upside.

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