EL-RITO
1205 NW 79th St, Miami FL 33147
$1,890,000
Est. Payment $10,059/mo
1
Days on Market
Description
PRESENTING SKY79–A FULLY APPROVED & LATE-STAGE PERMIT DEVELOPMENT OPPORTUNITY AT THE FRONTIER OF MIAMI'S RAPIDLY TRANSFORMING NW 79TH STREET CORRIDOR. Located within Miami-Dade's North Central Urban Area District just west of I-95, Sky79 sits along the ultra high-traffic NW 79th Street transportation corridor — at the epicenter of a neighborhood undergoing dramatic transformation, with large-scale institutional developers and numerous ASPR-approved infill projects actively reshaping the area's residential and commercial landscape. Fully entitled and construction-documented through Miami-Dade County, Sky79 is a 40-unit, 6-story mixed-use development offering studios, 1 Bedroom/1 Bath, and 2 Bedroom/2 Bath residences with private balconies, and ground-floor retail— minutes from Little River, Downtown Miami, Wynwood, Midtown, and Brickell. With site plan approval already secured, Opportunity Zone designation, and Live Local eligibility adding further investor upside, the project supports both a stabilized rental income strategy and a for-sale condominium execution.
Facts
- MLS#
- A11997758
- 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
- 1 day
- Listed
- Apr 8, 2026
- Last Updated
- Apr 9, 2026
- Price/Lot Sq.Ft.
- $167/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
45
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).
| 4/8/2026 | Listed for sale | $1,890,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Orchard View Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
Elev/8 Prep Academy9,10,11,12 · private · 1.4 mi
Children's House MontessoriPK,KG · private · 1.8 mi
Children's Learning CenterPK,KG · private · 1.8 mi
Pine Grove Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.9 mi
Score Academy3,4,6,7,8,9,10,11,12 · private · 1.9 mi
Bar & Ferg's AcademyPK,KG,1,2,3 · private · 1.9 mi
Village Academy On The Art & Sara Jo Kobacker CampusPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 2.1 mi
Delray Full Service Adult EducationUG · public · 2.2 mi
St. Mary's Anglican Christian Academy4,5,6,7,8 · private · 2.2 mi
Estimated Monthly Payment
$11,784/mo
Principal & Interest
$10,059
Property Tax
$1,575
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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