EL-RITO

1205 NW 79th St, Miami FL 33147

For Sale · Active Listing

$1,890,000

Est. Payment $10,059/mo

MLS Sheet Video

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

Comparable homes

Same ZIP, similar price + bedrooms.

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

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).

4/8/2026Listed 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

1205 NW 79th St, Miami FL 33147Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$11,784/mo

Principal & Interest

$10,059

Property Tax

$1,575

Insurance

$150

HOA

$0

20% ($378,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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