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Retail & Land Sale in Gladeview Miami at 980 NW 79th St for $430,000
Successful Sale of 980 NW 79th St
The successful sale of the retail and land property at 980 NW 79th St, Miami, marks a significant achievement in the Gladeview neighborhood's real estate landscape.
Sale Overview
Our team played a pivotal role in facilitating this transaction, showcasing our expertise and commitment to excellence. Key features that made this property attractive include its strategic location and the potential for development.
Sale Price: $430,000
Address: 980 NW 79th St, Miami, FL
Asset Class: Retail & Land
Price Per Square Foot: $145.91
Building Specifications
The property, built in 1936, stands as a testament to classic architectural design with potential for modern enhancements. It encompasses a 0.25-acre lot with an existing building offering a Building FAR (Floor Area Ratio) of 0.27. The total rentable square footage allows for versatile usage, catering to retail and development opportunities.
Location Benefits
Proximity to Bus Lines ensures ease of access for customers and employees.
Nearby Attractions include vibrant local businesses and cultural landmarks, enhancing the property's value.
Connectivity to Major Roads such as NW 79th St, a key arterial route, adds to the location's strategic importance.
Sale Details
Local Market Growth: The Gladeview area is experiencing a resurgence, driven by increased demand for retail space.
Investment Potential: Properties in this neighborhood are seen as promising investments due to ongoing urban development.
Real Estate Trends: The transaction aligns with Miami's broader trend of revitalizing older neighborhoods for new business opportunities.
Market Analysis
The Opa Locka real estate market continues to thrive, with multi-family properties in high demand due to their income-generating potential. This property aligns with current trends, offering investors a stable asset with promising returns.
Local Market Trend: Increasing demand for multi-family investments
Market Stability: Strong rental yields and occupancy rates
Investment Potential: Growth driven by neighborhood revitalization
Conclusion
This property's sale underscores its key selling points, including its strategic location, versatile usage potential, and the growing appeal of the Gladeview neighborhood. Our company's expertise in navigating complex transactions was instrumental in closing this deal successfully, reinforcing our position as a leader in the commercial real estate sector.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Mon – Fri 9:00am – 4:00pm
Phone Number:
(305) 987-3053
