2 months on rocket

257 NE 79th St, Miami, FL, 33138

$5,590,000

0.91 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeIndustrial
MLS #A11534486
Lot Size0.91 Acres
StatusActive

About 257 NE 79th St

Exclusive opportunity to acquire a development site in Miami's 79th Street Corridor. The strategically located development site at 235-257 NE 79th Street includes two folios totaling 0.91 Acres or 40,040 SF. Its zoning, T-6-8-O, allows the highest density in the City of Miami where 137 residential units or 274 hotel rooms can be developed as of right.

Property Details

Property Features

Listing Office:

  • Office Name: Gridline Properties
  • Office Phone: (786) 325-5647
  • Listing Agent: Alfredo Riascos

Virtual/3D Tour

  • Virtual Tour: 257 NE 79th St

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Lot Features

Lot Information:

  • Lot Size: 0.91 Acres

School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Jesse J. McCrary, Jr. Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,590,000

Tax Information:

  • Annual Amount: $18,705
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

257 NE 79th St vs Miami

71 DAYS ON ROCKET

+12 Days

$5,590,000

+$5.0M More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11534486

Listing Office:

  • Office Name: Gridline Properties
  • Office Phone: (786) 325-5647
  • Listing Agent: Alfredo Riascos

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$18,705$927,664
2018$16,249$775,825
2017$11,796$562,930

History based on county public records data.

Payment Calculator

$27.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1789794
2
/10
  • Jesse J. McCrary, Jr. Elementary School

  • 514 NW 77th St

  • 0.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1789795
2
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 0.89 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1789796
2
/10
  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.37 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,201. Residents of Miami, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 257 NE 79th St

What is the listing price of this property?

The listing price of 257 NE 79th St property is $5,590,000.

What type of property is this?

The property 257 NE 79th St is land located in Miami, Florida, 33138.

Is this property for sale now?

Active Listing: 257 NE 79th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 257 NE 79th St are:
Jesse J. McCrary, Jr. Elementary School: GreatSchools Rating 2/10
Horace Mann Middle School: GreatSchools Rating 2/10
Miami Edison Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,705 (source: MLS/based on county public records data).

How much acreage is this property?

The property 257 NE 79th St is 0.91 acres.
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Rocket HomesFloridaMiami-Dade CountyMiami33138257 NE 79th St

This home is located at 257 NE 79th St in Miami, FL and zip code 33138 in the Buena Vista neighborhood. This home sits on a 0.91 acre lot. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $5,590,000.

In March 2024, from all listings sold in Miami, FL there were more than 115 sold above asking price, over 619 sold below and more than 149 were sold right at the asked price. In March 2024 in Miami, FL there were 9.1% more homes for sale than in February 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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