11575 NW 7th Ave - Commercial LAND FOR SALE


Miami, FL 33168- Pinewood54,088 SF
$10,500,000 USD
786-255-1507
11575 NW 7th Ave, Miami, FL for Sale
$10,500,000 USD
Commercial LAND - FOR SALE
1/17
54,088 SF

11575 NW 7th Ave
Miami, FL 33168
Pinewood


OVERVIEW

Centrally located 54,090 SF development site situated within a Federally designated Opportunity Zone, offering substantial tax advantages for qualified investors. Under current zoning, the site supports up to 110 residential units, with the potential to increase density to 220+ units under the Live Local Ordinance (buyer to verify). The property occupies its own full city block with exceptional visibility from I-95 and SR-441, and is just minutes from Barry University, major schools, and surrounding employment centers. The site’s strategic location and high traffic exposure make it ideal for multifamily or mixed-use development. As an Opportunity Zone asset, investors may benefit from: Deferral of capital gains when reinvesting proceeds into a qualified Opportunity Zone fund 10% capital gains reduction after 5 years Potential full capital gains tax exemption on future appreciation if the asset is developed and held for 10 years or more The property is bounded by: I-95 to the East NW 7th Avenue to the West NW 115th Street to the South NW 116th Street to the North This is a rare, high-visibility infill development opportunity in a rapidly evolving submarket. Buyers are encouraged to consult with their tax and legal advisors to fully evaluate Opportunity Zone and Live Local benefits.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/ACRE

$8,455,904/AC

PRICE/SF

$194 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Single Family Development

LAND ACRES

1.24 AC

LAND SF

54,090 SF

OFFSITE IMPROVEMENTS

-

ZONING

BU-2

APN/PARCEL ID

30-2136-032-0050

ASK ABOUT THIS PROPERTY

Rene RodriguezOcean Palm Realty, Inc.More Info
786-255-1507

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Rene RodriguezOcean Palm Realty, Inc.More Info
786-255-1507

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.