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160 NW 79TH ST
MIAMI, FL 33150-3016
Asking Price
$2.40M
Asset Type
Commercial Land
Class
Class B
What's Special
COVERED LAND PLAY IN LITTLE RIVER <p><span style="color: rgba(0, 0, 0, 1)">160–174 NW 79 Street represents a rare opportunity to acquire a covered land play in one of Miami’s most dynamic emerging corridors. With ±21,000 square feet of land sitting on T-6-8-O land to build 72 units by right and up to 144 with Live Local, with functional existing improvements, and proximity to some of the city’s most active redevelopment nodes, the property offers investors a compelling combination of utility, income potential, and long-term upsi
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.67%
Monthly Payment
$11,868.943
Annual Cash Flow
$-62,427.317
