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Income-Producing Commercial Land Assemblage
New
For Sale
$20,053,950

960 SW 7 St, Miami, FL 33130

An urban land holding combines existing residential occupancy with eight buildings across multiple parcels.

Property SizeContact for details
Days on Market2

Property Features for 960 SW 7 St

General Information

Standard status Active
Property subtype Investment

Taxes and HOA fees

Annual Taxes $120,000

Building Details

Year Built 1935
Stories 2
Units 27
Listing Agency: Keller Williams Realty Miami Portfolio Collection
Listed By: Barbara Ferran · License #3326239
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 2:43PM

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 Keller Williams Realty Miami Portfolio Collection

Investment Insights

Based on property information with market context.

This commercial land assemblage spans approximately 1.32 acres and includes eight existing buildings with 27 fully occupied units. The property is offered as one acquisition, although its seven parcels are not legally unified and will transfer under separate deeds; all are required to close together. Current zoning includes T5-L and T6-8-O.

The assemblage occupies the corner of SW 7th Street and SW 10th Avenue in the West Brickell area of East Little Havana. Walk Score is 98, Transit Score is 89, and Bike Score is 80.

Key Highlights

  • Approximately 1.32 acres across seven parcels
  • Eight existing buildings with 27 fully occupied units
  • Zoning includes T5‑L and T6‑8‑O

Property Analytics

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Current Use

Estacionamiento de Pichirilo Apartment Complex

Suggested Use

Top Pick Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Locksmith Electrical Service 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
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Frequently Asked Questions

What type of property is this?
Commercial land - An urban land holding combines existing residential occupancy with eight buildings across multiple parcels.
Where is this commercial land located?
The property is located at 960 SW 7 St 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; Eight existing buildings with 27 fully occupied units; Zoning includes T5‑L and T6‑8‑O
More about this property
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