EL-RITO

1205 NW 79th St, Miami FL 33147

Closed

$1,100,000

Est. Payment $5,855/mo

MLS Sheet Video

161

Days on Market

Description

INVESTMENT OPPORTUNITY!!! Take advantage of this project that is already under review for Site Plan Approval for a MIXED-USE DEVELOPMENT of 6 stories, including RETAIL space of 1000 SF and 40 APARTMENT UNITS of 1 & 2 bedrooms, close to the planned smart corridors of Miami-Dade County with prime connectivity. This is the real deal, real renders, real project, no realtor feasibility.

Facts

MLS#: A11270296
Subdivision: EL-RITO
Property Type: Commercial Land
Property Sub Type: —
Year Built: —
Lot Size: 11,326 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: —
Garage: —
Pool: —
Days on Market: 161 days
Listed: May 20, 2022
Last Updated: Nov 29, 2022
Price/Lot Sq.Ft.: $97/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

May 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).

11/29/2022	Sold	$1,100,000
5/20/2022	Listed for sale	$1,100,000

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

Location

1205 NW 79th St, Miami FL 33147Directions

GreatSchools Summary Ratings

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

St Thomas The Apostle Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.1 mi
La Scuola
PK,KG,1,2,3,4,5,6,7,8 · private · 0.1 mi
Somerset Academy Pompano Middle (6-8)
6,7,8 · charter · 0.5 mi
Somerset Academy Lakes
KG,1,2,3,4,5 · charter · 0.5 mi
Somerset Academy Key Charter High School
9,10,11,12 · charter · 0.5 mi
PINECREST ACADEMY AVALON
KG,1,2,3,4,5 · charter · 0.5 mi
Somerset Academy Elementary South Campus
KG,1,2,3,4,5 · charter · 0.5 mi
INTERNATIONAL STUDIES ACADEMY HIGH SCHOOL-5555
9,10,11,12 · charter · 0.5 mi
INTERNATIONAL STUDIES ACADEMY MIDDLE SCHOOL-5556
6,7,8 · charter · 0.5 mi
Somerset Parkland Academy
KG,1,2,3,4,5,6,7,8 · charter · 0.5 mi

Estimated Monthly Payment

$6,921/mo

Principal & Interest

$5,855

Property Tax

$917

Insurance

$150

HOA

Down Payment20% ($220,000)

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) 833-0020 info@rangelyadames.com

Hablo Español

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