Miami Development Site
For Sale
$4,700,000
244 NW 7th Ave, Miami, FL 33128
LAND - Miami, FL
Property SizeContact for details
Lot Size0.40 Acres
Days on Market30
Property Features for 244 NW 7th Ave
General Information
Property type
Land
Property subtype
Other
Zoning description
4601
Vegetation
Grassed
Subdivision
CITY OF MIAMI SOUTH
Standard status
Active
APN
01-02-00-030-1010
Lot size
0.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CITY OF MIAMI SOUTH PB B-41 N100FT OF LOTS 1 & 2 & LOT 3 BLK 3 LOT SIZE 17500 SQFT M/L OR 9306-386
Tax Annual Amount
58926
Legal Description
CITY OF MIAMI SOUTH PB B-41 N100FT OF LOTS 1 & 2 & LOT 3 BLK 3 LOT SIZE 17500 SQFT M/L OR 9306-386
Utilities
Utilities
Cable Available
Water source
Public
Listing Agency:
Douglas Elliman
(305) 695-6060
Listed By:
Miguel Solis · License #0624178
(305) 343-9554
Added: Jul 14
Changed: Aug 3
Last Checked: Aug 12 at 7:06PM
MLS# A11986239
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This prime development opportunity is located in Miami’s rapidly evolving West River District. The shovel-ready site is fully approved for approximately 102,226 square feet, allowing for an 8-story development. The site can accommodate up to 60 residential units, or the option for elderly housing combined with Live Local incentives for up to 85 units. The location is positioned one block from the Miami River and steps from Bagatelle, offering proximity to Brickell and Downtown Miami. This places future residents at the center of the city’s lifestyle and business hubs. The surrounding area is undergoing significant transformation, making this an exceptional opportunity for investors and developers to capitalize on Miami’s continued growth. The property is zoned 4601 and has a lot size of 0.4017 acres.
Key Highlights
- Shovel‑ready development site fully approved for approximately 102,226 square feet.
- Approved for an 8‑story development with up to 60 residential units.
- Option for elderly housing combined with Live Local incentives for up to 85 units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,582
Businesses Nearby
Explore this area
Business Placement
Demographics for 33128, FL
8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Shovel-ready site near Miami River for residential development.
Where is this land located?
The property is located at 244 NW 7th Ave Miami, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Shovel‑ready development site fully approved for approximately 102,226 square feet.; Approved for an **8‑story development with up to 60 residential units.**; Option for elderly housing combined with Live Local incentives for up to 85 units.
