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    342 NW 7Th St Miami, FL 33136

    New
    For Sale
    $6,000,000

    Commercial - Miami, FL

    Lot size:
    0.22 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 342 NW 7Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    6106
    APN
    01-01-05-040-2010
    Lot size
    0.22 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Architectural style
    Other

    Douglas Elliman (305) 695-6300 [email protected]

    Listing agent Brian Carter PA (305) 695-6300 License #3022095

    Listing date Dec 9, 2025

    MLS# A11926788 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Land for Apartment Development

    This vacant commercial land in Miami, Florida, is suitable for developing 143 apartments and one retail bay. Located one block from Downtown Miami in the Highland Park area, the property allows for the development of approximately 80,000 buildable square feet and 58,000 sellable square feet across 12 stories. Development is by-right via submission under Live Local SB102 & 328 amendments, allowing for a 100% parking reduction. The property is situated in Transit Oriented Development (TOD) and Opportunity Zoned (OZ) areas. The lot size is approximately 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1999
    Latitude
    25.7669

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    FAQs

    What type of property is this?
    Land - Vacant land suitable for 143 apartments near Downtown Miami.
    Where is this land located?
    The property is located at 342 NW 7Th St Miami, FL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: - Develop **143 apartments** one block from Downtown Miami.; - Low land cost of $42,000 per door.; - By-right development via Live Local SB102 & 328 amendments.
    (305) 695-6300
    Request Owner's contact information
    342 NW 7Th St Miami, FL 33136
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    Miami, FL 33136
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    342 NW 7Th St Miami, FL 33136
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