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Commercial Land with Existing Units
For Sale
$20,053,950

938 SW 7th Street, Miami, FL 33130

Seven parcels must transfer in one coordinated sale, although each has its own deed.

Property SizeContact for details
Days on Market63

Property Features for 938 SW 7th Street

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $120,000
Listing Agency: MIAMI PORTFOLIO COLLECTION
Listed By: BARBARA FERRAN · License #A12065711
Source: Corcoran
Added: Aug 6 Changed: Oct 4 Last Checked: Oct 5 at 6:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MIAMI PORTFOLIO COLLECTION

Investment Insights

Based on property information with market context.

This approximately 1.32-acre commercial land offering includes 27 occupied units across seven parcels. The parcels are not legally combined and will convey separately by deed, with all seven required to close together. The property carries T5-L and T6-8-O zoning designations.

Located at SW 7th Street and SW 10th Avenue in Miami, the site has a Walk Score of 98, Transit Score of 89, and Bike Score of 80.

Key Highlights

  • Approximately 1.32 acres across seven parcels
  • 27 occupied units on the property
  • Zoning includes T5‑L and T6‑8‑O

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,366
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Seven parcels must transfer in one coordinated sale, although each has its own deed.
Where is this commercial land located?
The property is located at 938 SW 7th Street Miami, FL.
What is the asking price?
The asking price for this property is $20,053,950.
What are key features of this property?
This property features: Approximately 1.32 acres across seven parcels; 27 occupied units on the property; Zoning includes T5‑L and T6‑8‑O
More about this property
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