This is a news story only, not a listing.
It has been officially reported that the property located at 647 NE 79 St in Miami within zip code 33138 and with the folio number 01-2070-017-0320 sold on November 06, 2019. The sale type was recorded as "Qual by exam of deed." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date November 06, 2019 and with an amount of $1,571,300.00 about two thirds down the page, under the heading "Sales Information."
When considering this 647 NE 79 St property sale one should consider other properties within its zip code 33138, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33138 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33138 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Miami, the South Florida city in which the property is located, may also be worth reviewing.
Commercial properties that are currently listed in zip code 33138 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.
A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.
Other places to find news stories related to Miami area commercial real estate include BisNow, The Real Deal, Globe Street, and Google News.Update: This 647 NE 79 St property in Miami within the zip code 33138 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 5,560 adjusted square feet of building that was built in 1936 showing an effective year built (also) of 1936. This 5,560 square footage (adjusted) of building put it in the 5,000 to 7,500 square feet range. Having a lot size of 8,325 square feet, one would perhaps put it in the 5,000 to 10,000 square feet range as far as lot size. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6101 - CEN-PEDESTRIAN ORIENTATIO with a land use of 1209 - MIXED USE-STORE/RESIDENTIAL : MIXED USE - RESIDENTIAL. This Miami-Dade reference for zoning is believed to translate into T5 O zoning in Miami, Florida, information about which may be found here. Any such (T5 O zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Further, other commercial properties are now offered for purchase near this one, including those with the addresses 1125 NE 80th St, 1316 NE 105th St, 159 NE 64th St, 257 NE 79th St, 260 NE 79th St, 281 NE 78th St, 311 NE 78th St, 333 NE 79th St, 40 NE 75th St, 420 NE 62nd St, 521 NE 82nd Ter, 539 NE 82nd Ter, 625 NE 79th St, 6255 NE Miami Pl and 3 more, 632 NE 85th St - Portfolio, 632 NE NE 85th St - Portfolio, 6444 NE 4th Ave, 655 NE 85th St PORTFOLIO, 676 NE 80th St, 688 NE 85th St PORTFOLIO, 7001-7005 Biscayne Blvd, 701-709 NE 79th St, 7029 Biscayne Blvd, 7350 Biscayne Blvd, 7416 Biscayne Blvd, 7424 NE 2nd Ave, 7635 NE 2nd Ave, 8044 NE Miami Ct, 8101 E Biscayne Blvd # 3, 8163 NE 2nd Ave, 8241 NE 2nd Ave, 8263 NE 1st Ave, 8281 NE 1st Pl, 8411 Biscayne Blvd - PORTFOLIO, 8411 Biscayne Blvd PORTFOLIO, 9101 Biscayne Blvd, and others.
NOTE: This is a commercial real estate sales new story only - NOT a listing - about the November 06, 2019 sale of the commercial real estate property with Miami-Dade folio number 01-2070-017-0320 (0132070170320 without the dashes) and an address of 647 NE 79 St in Miami, Florida 33138.