11575 NW 7th Ave, Miami, FL 33168
Local realty services provided by:First Service Realty ERA Powered
11575 NW 7th Ave,Miami, FL 33168
$10,500,000
- 1.24 Acres
- Lots / Land
- Active
Listed by: rene rodriguez, maritza meitzner-rodriguez
Office: ocean palm realty, inc.
MLS#:A11894110
Source:SEFMLS
Price summary
- Price:$10,500,000
About this home
Centrally located 54,090 sqf in an “Opportunity Zone”. Under zoning the site supports a maximum density of 110 residential units. This property would qualify for the live local ordinance that would push density to 220 or more residential units. Visible from I-95 and 441 and minutes from Barry University and schools. Located in the Federally designated Opportunity Zone provides significant tax advantages to investors. If the property is developed and held for a minimum period of 10 years, the capital gains from future sale may be entirely tax exempt. If funds from another gain are put into the “opportunity zone fund” the capital gain can be deferred for 5 years with a 10% reduction in Year 5. Please consult with your local authority.
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Home facts
- Listing ID #:A11894110
- Updated:February 24, 2026 at 11:05 AM
Structure and exterior
- Lot area:1.24 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$10,500,000
- Tax amount:$47,202 (2024)
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