11575 NW 7th Ave Miami, FL $ 11,500,000
11575 NW 7th Ave
$ 11,500,000
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11575 NW 7th Ave

Miami, FL, 33168
$ 11,500,000
Baths0.0

Monthly Estimate*

$ 71,745

11575 NW 7th Ave, Miami, FL 33168 - Image 1
11575 NW 7th Ave, Miami, FL 33168 - Image 2
Studio

Lots and Land for sale in Miami, FL

for $11,500,000. The lot size is 1.

Centrally located 54,090 sqf in an “Opportunity Zone”. Under zoning the site supports a maximum density of 110 residential units. This property would qualify for the live local ordinance that would push density to 220 or more residential units. Visible from I-95 and 441 and minutes from Barry University and schools. Located in the Federally designated Opportunity Zone provides significant tax advantages to investors. If the property is developed and held for a minimum period of 10 years, the capital gains from future sale may be entirely tax exempt. If funds from another gain are put into the “opportunity zone fund” the capital gain can be deferred for 5 years with a 10% reduction in Year 5. Please consult with your local authority.

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Lots and Land Active

Price

$ 11,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 47,202

Style

Lot Size

1

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11894110

Features
General
Sewer Public Sewer
Utilities Sewer Available Water Available
Possession Close Of Escrow
Tax Year 2024
Current Use Other
County Miami-Dade
Property Type Land
Subdivision Name PARKWOOD TERRACE
Status Active
City Miami
Zoning Description 6062
MLS Area 21
Lot Size Units Square Feet
Lot Size Square Feet 54090
Tax Annual Amount 47202
Standard Status Active
Legal Description PARKWOOD TERRACE PB 22-3 W20FT OF LOTS 7 & 22 & LOTS 9 THRU 21 LESS W15FT OF LOTS 11 THRU 18 BLK 1 PER UNITY OF TITLE OR# 33273-310 LOT SIZE
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Interior
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 54090
Lot Dimensions 200x200
Lot Size Acres 1
Waterfront Y/N false
Covered Spaces 0
Road Frontage Type County Road
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* Excluded Features
List By
Ocean Palm Realty, Inc.

Broker

rodriguez@oceanpalmrealty.com

Email

Affordability Calculator

$75,679
Per Month
95%
5%
0%
Monthly Principal & Interest
$71,745
Monthly Property Taxes
$3,934
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/22/2025$11,500,000 Listed Price

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11575 NW 7th Ave, Miami, FL, 33168 is a Lots and Land for sale at $11,500,000 with a lot size of 1. 11575 NW 7th Ave is a studio with 0.0 baths. The property's zip code is 33168 which is in Miami, FL