197 NW 79th St, Miami FL 33150

Closed

$2,625,000

11.02%

Est. Payment $13,971/mo

MLS Sheet Video

1940

Year Built

242

Days on Market

Description

Opportunity to acquire a large corner lot in Little River’s 79th Street corridor. The property consists of three separate folios that total 25,900 SF and include a 5,863 SF warehouse and office building. Two of the three folios are zoned T6-8-O and the northernmost parcel is zoned RU-B3. The asset provides a buyer with a variety of opportunities to capitalize on the versatility of this property. It’s notable features include development rights, utilizing the existing building and ample lot, as well as taking advantage of the visibility that this corner property offers. Seller Financing is available as part of this offering. Call us to schedule a showing or obtain additional information.

Facts

MLS#: A11227953
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1940
Lot Size: 6,250 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 242 days
Listed: Jun 24, 2022
Last Updated: Feb 27, 2023
Price/Lot Sq.Ft.: $420/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/27/2023	Sold	$2,625,000
8/23/2022	Price change	$2,625,000-11.0%
6/24/2022	Listed for sale	$2,950,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

197 NW 79th St, Miami FL 33150Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

St Timothy Parish School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.2 mi
Il Savior Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Riviera Middle School
6,7,8 · public · 0.4 mi
Bridgeprep Academy South
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
St. Paul Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.4 mi
Tropical Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Snapper Creek Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Westwood Christian Day Elementary School
9,10,11,12 · private · 0.8 mi
Cypress Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
True North Classical Academy Kendall
KG,1,2,3,4,5,6,7,8 · charter · 0.9 mi

Estimated Monthly Payment

$16,309/mo

Principal & Interest

$13,971

Property Tax

$2,188

Insurance

$150

HOA

Down Payment20% ($525,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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