Commercial Land with High Visibility on NW 79th St, Miami

Two commercial parcels with T6-8-O zoning ideal for mixed-use development near I-95 and the Design District.
$1,300,000

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Florida Local Time --:--
MLS #A11822817
Listing Updated: 2026-06-16 06:28:30
Listed By: Hudson Burnham Real Estate

Overview

This rare commercial land opportunity offers two contiguous parcels on NW 79th Street in Miami’s vibrant T6-8-O zoning district. Spanning 0.32 acres with approximately 236 feet of street frontage, the site is perfectly positioned for a mixed-use project featuring retail space with multifamily units above. Current use as an active auto dealership includes billboard income, complementing its strong street visibility and heavy traffic. Proximity to key locations like Little River, the Design District, and I-95 adds to the appeal, making this property adaptable for diverse commercial and residential ventures.

Property Highlights

Two contiguous commercial parcels totaling 0.32 acres with T6-8-O zoning allows up to 8 stories and 47 residential units, excellent visibility with strong traffic on NW 79th Street, close to I-95, Little River, and the Design District, existing auto dealership use includes billboard income.

Property Details

City: Miami
State: FL
Zip Code: 33150
Address: 490 NW 79th St, Miami FL 33150
Year Built:
Property Type: Land/Boat Docks
Property Sub Type: Commercial
Listing Office Name: Hudson Burnham Real Estate
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $12,421
Days On Market: 355 Days
Rare opportunity to acquire two contiguous commercial parcels on NW 79th Street with T6-8-O zoning. Ideal for mixed-use development with retail frontage and multifamily above. Combined 0.32 acres with approx. 236 feet of street frontage. Existing use includes an active auto dealership with billboard income. Zoning allows up to 8 stories and 47 residential units. Excellent visibility, strong traffic counts, and close proximity to I-95, Little River, and the Design District make this site an attractive hold or build opportunity.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

490 NW 79th St, Miami FL 33150

About This Neighborhood

Situated in the energetic Little River neighborhood corridor, this property benefits from a balance of commercial activity and emerging residential growth. The nearby Design District adds creative and retail energy to the area, making it an appealing spot for mixed-use living. Residents and visitors enjoy accessibility to dining, boutique shopping, and cultural experiences, while the proximity to I-95 connects the community seamlessly to greater Miami. This blend offers a dynamic urban lifestyle attractive to both developers and future occupants.

Walkability & Lifestyle

Positioned along NW 79th Street, this commercial site benefits from walkable access to local eateries, retail stores, and cultural venues in Little River and the Design District. Residents and visitors can enjoy leisurely strolls to discover dining options, boutique shops, and community events within a short distance. The area’s walkability encourages an active urban lifestyle, enhanced by proximity to public transportation routes and major roads that keep the neighborhood well connected to Miami’s broader metropolitan fabric.

Things To Do Nearby

Living or working near this property places you close to Miami’s vibrant cultural scene and outdoor experiences. Nearby attractions include art galleries and dining hotspots in the Design District, as well as waterfront parks and marinas that offer boating and recreational activities. Golf courses and nightlife venues are also within easy reach, providing diverse entertainment options for residents and visitors who enjoy a balance between urban amenities and outdoor leisure.

Nearby Schools

The property’s location in Miami offers families and residents convenient access to a range of public and private schools across various educational levels. The nearby neighborhoods provide options for quality schooling while remaining close to urban amenities. This accessibility underscores the area’s appeal for diverse household types, where educational options complement the dynamic lifestyle facilitated by the surrounding commercial and residential developments.

Why Buyers Like This Area

Buyers appreciate this commercial land for its high visibility and flexible zoning that supports mixed-use development in a rapidly growing part of Miami. The convenience of nearby highways like I-95 and cultural hubs such as the Design District enhances its appeal for retail and multifamily projects. Its current auto dealership operation with billboard income offers added value, while the land’s positioning within Little River presents opportunities to contribute to neighborhood revitalization. This combination offers a compelling prospect for those seeking both opportunity and location advantage.

Investment Potential

This commercial land on NW 79th Street in Miami holds strong potential for developers seeking mixed-use projects in a growing area. The T6-8-O zoning supports up to eight stories and 47 residential units, enhancing development versatility. Its location near major roads like I-95 and cultural hubs such as the Design District can attract businesses and residents alike. While the current auto dealership use includes billboard income, the site’s visibility and traffic flow support various commercial or multifamily options, appealing to those considering long-term development or hold strategies.

Rental Income Potential

Given the proximity to Miami’s Design District and easy access to I-95, this land offers promising rental appeal for future residential or commercial tenants. Mixed-use developments here could attract both year-round residents and seasonal visitors drawn to the area’s cultural and retail offerings. While the site currently hosts an auto dealership with billboard income, redeveloping the property may capitalize on rising demand for rental units and retail spaces in vibrant Miami neighborhoods, making it a noteworthy consideration for cautious investors focused on location desirability.
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