11575 NW 7th Ave, Miami, FL 33168

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11575 NW 7th Ave,Miami, FL 33168
$11,500,000
  • 1.24 Acres
  • Lots / Land
  • Active
Listed by:rene rodriguez
Office:ocean palm realty, inc.
MLS#:A11894110
Source:SEFMLS

Price summary

  • Price:$11,500,000

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:October 25, 2025 at 09:59 AM

Structure and exterior

  • Lot area:1.24 Acres

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$11,500,000
  • Tax amount:$47,202 (2024)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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