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728 NW 79 Street
Miami, FL 33150 Gladeview

$8,900,000 USD

Bar For Sale • 13,129 SF

Property Details

Property Type Bar
Total Building Size 13,129 SF
Lot Size 0.84 AC
Building Class C
Year Built 1941
Cap Rate 6.15 %
Zoning NCUAD + T5-O

46 Transit Score

70 Walk Score

                
                    Highlights
                
                                Prime Miami Location – ±42,000 SF site with 189’ frontage on NW 79th St and direct visibility from I-95 (207,000+ AADT).
                            
                                Live Local Act Eligible – Maximize density up to 843 units; practical build-out of 300–500 residential units with ground-floor retail.
                            
                                Immediate Income Stream – Fully operational nightclub, bar, and restaurant producing 6%+ current NOI with 20%+ pro forma NOI.
                            
                                Rare 4COP Liquor License – Highly coveted license type no longer issued by the City of Miami.
                            
                                Seller Financing Available – Attractive terms, ideal for developers and investors looking to leverage capital.
                            
                                Flexible Redevelopment Potential – Up to 13 stories, including 2–3 levels of structured parking plus a retail podium.

Financial Summary (Actual)

Net Operating Income: $547,200 USD (2025)

Cap Rate:

6.15 %

Amenities

24 Hour Access
Freeway Visibility
Restaurant
Security System
Air Conditioning
Balcony

Public Transportation

Commuter Rail	Drive	Walk	Distance
Northside (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	5 min	-	2.6 mi
Dr. Martin Luther King Jr. Plaza (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	6 min	-	3.0 mi
Airport	Drive	Walk	Distance
Miami International	22 min	-	10.8 mi
Fort Lauderdale/Hollywood International	26 min	-	18.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	175
Type:	Surface
Included in Rent:	Yes

Hamid Benk 786-599-2219 Campos Commercial Real Estate

728 NW 79 Street Miami, FL 33150 Gladeview