Price Reduced 8.70%
Price History
$11,500,000
10/10/2025
$10,500,000
2/10/2026
11575 NW 7th Ave, Miami, FL, 33168
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.
Status:
Active
Type:
Lot / Acreage
Zoning:
6062
Subdivision:
PARKWOOD TERRACE
Acreage:
1
Est. Taxes:
$47,202
Current Use
Other
Utilities
Sewer Available,Water Available
Days on Market:
123
MLS #:
A11894110
Community Info
School Info
Walk Score
Yelp
Listing courtesy of Ocean Palm Realty, Inc. 305-456-6630