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Price includes ASPR approval 126 unit apartment building plus retail. Estimated all in development cost of $28.1 million including land. Gross income of $3.1 million. Estimate in attachments. Can be delivered shovel ready for $3 million by April 2024. Price flexible based on where project is in approvals. Currently there are 80 plus parking spaces, but is entitled to a 76% reduction in parking and you can add additional units in its place up to 185 units, or as many as you can fit in 15 stories.  Not in a flood zone. Possible owner financing. Near the planned SOAR park on NW 79th St with over 4,000 units. 5 year average price change in West Little River has been +$184,710 or 92%! Possible to combine with ASPR approved projects at 4595 NW 22nd Ct and/or 2181 NW 90th St.
Listed by Briana Gowen, Zilla Real Estate,Inc

Property Details of 1477 Nw 79th Street

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on November 29, 2023

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