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    11575 NW 7Th Ave Miami, FL 33168

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    For Sale
    $11,500,000

    Centrally located land in an Opportunity Zone, ideal for development.

    Lot size:
    1.00 Acre

    Property Features for 11575 NW 7Th Ave

    General Information

    Lot size
    1.00 Acre

    Source: Ocean Palm Realty, Inc. Agent Maritza Meitzner-Rodriguez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Opportunity Zone Land For Sale

    This centrally located property offers 54,090 square feet of land within an Opportunity Zone. Under current zoning regulations, the site can support a maximum density of 110 residential units. Furthermore, the property is eligible for the live local ordinance, potentially increasing the density to 220 or more residential units. The location provides visibility from both I-95 and 441, and is situated minutes away from Barry University and other schools. Being located in a Federally designated Opportunity Zone, the property offers significant tax advantages to investors. Specifically, if the property is developed and held for at least 10 years, capital gains from a future sale may be entirely tax exempt. Additionally, if funds from another gain are invested into the Opportunity Zone fund, the capital gain can be deferred for 5 years, with a 10% reduction in Year 5. Interested parties should consult with their local authority for detailed information.
    Insight Report Location Intelligence

    Current Use by Public Records

    BEA Architects, Inc. Architecture Firm BEA Architects Architect Sunset Air Conditioning ... Corporate Office Dade County TASC ... County Government Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -80.183936
    Latitude
    25.88234

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    FAQs

    What type of property is this?
    Commercial land - Centrally located land in an Opportunity Zone, ideal for development.
    Where is this commercial land located?
    The property is located at 11575 NW 7Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: - Centrally located 54,090 sqf site ideal for development.; - Located in a Federally designated Opportunity Zone offering significant tax advantages, including potential capital gains tax exemption after 10 years.; - Zoning supports a high density of residential units (110), potentially increasing to 220+ under the live local ordinance.
    (305) 632-0013
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    11575 NW 7Th Ave Miami, FL 33168
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    Miami, FL 33168
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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
    11575 NW 7Th Ave Miami, FL 33168
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