Sky 79 -1205 NW 79th St

Property Description

Fully approved rental community development property. The property is ideal for real estate investors and/or a construction company looking for an opportunity ready to build, offering easy access to the Miami Downtown, Midtown and Brickell areas. The seller is offering to sell this prime development property, complete with a fully approved site plan by Miami-Dade County Planning and Building Department for 40 residential units plus additional retail/ commercial space. The project includes, 30 1bedroom 1bath apartments, and 10 2bedrooms 2baths apartments, plus retail space. The site plan calls for covered parking under the three-story building and landscape open areas. This community will be ideal for those working in the Miami Downtown, Midtown and Brickell areas, those who want to frequent the Miami nightlife, or enjoy the beaches at South Florida. This location and it’s easy access to virtually all points of Southeast Florida will provide full access to all of the great treasures this area has to offer. Highest and best Use: • Prime Development opportunity: Approved for Residential Rental or to be converted to Condo Use. • The subject property has been approved by Miami-Dade County Planning, Zoning, and all major governmental departments, for the construction of 40 residential units, located in one six-story building. Additional Benefits: • Approved site plans and project ready to build: guaranteed density with time and costs saved. • Flexible use options cater to different investment goals: Rental community for the short-term market influx, and Condominium conversion at a later date. This is a great opportunity to capitalize on the booming Miami and South Florida’s high demand residential markets.