Hula Strip
For sale860 NE 79th St, Miami, FL 33138
Secret21 units
Multifamily, Retail1967
Property type
Multifamily, Retail
Unit / Space count
21
Year built
1967
Property class
C
Stories
1
APN
0132070163620
Zoning code
T5-O
Lot size
27,115 SF
Number of buildings
1
Sold/status
2005-11-10
Sale price
$2,000,000
Property description
This asset combines immediate, stable rental income with strong long-term potential. The 27,000 SF lot and favorable T5-O zoning create a rare opportunity to capitalize on a vibrant area that is rapidly transforming with new residential, retail, and mixed-use projects.
Property highlights
- Proximity to New Developments: Over 3,000 new residential units and 1M+ SF of commercial space are planned.
- Adam Neumann Acquisition: Former WeWork CEO recently purchased ±15 acres nearby for a largescale mixed-use project, signaling major investor confidence.