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120 NW 7th Ave 0.11 Acres of Commercial Land Offered at $990,000 in Miami, FL 33128
Executive Summary
Exceptional development opportunity on a 5,000 sq ft lot zoned T6-8-R in the heart of Miami. Build up to 8 stories by right, with the potential to increase up to 12 stories through the public benefits program. Ideal for multi-family or mixed-use development. Located near Downtown, Wynwood, the Health District, and in close proximity to the Miami River, this site offers high visibility and strong rental demand. A rare chance to invest in one of Miami’s fastest-growing corridors.
Property Facts
| Price | $990,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Total Lot Size | 0.11 AC |
| No. Lots | 1 | ||
| Zoning | T6-8-R - ALLOWS UP TO 8 STORIES AND WITH THE OPPORTUNITY PROGRAM YOU CAN BUY INTO 4 MORE. | ||
| Price | $990,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.11 AC |
| Zoning | T6-8-R - ALLOWS UP TO 8 STORIES AND WITH THE OPPORTUNITY PROGRAM YOU CAN BUY INTO 4 MORE. |
1 Lot Available
Lot
| Price | $990,000 | Lot Size | 0.11 AC |
| Price Per AC | $8,624,895.46 |
| Price | $990,000 |
| Price Per AC | $8,624,895.46 |
| Lot Size | 0.11 AC |
City Of Miami South Pb B-41 N50ft Of Lots 19-20 Blk 7 Lot Size...
Description
Exceptional development opportunity on a 5,000 sq ft lot zoned T6-8-R in the heart of Miami. Build up to 8 stories by right, with the potential to increase to 12 stories through the public benefits program. Ideal for multi-family or mixed-use development. Located near Downtown, Wynwood, the Health District, and in close proximity to the Miami River, this site offers high visibility and strong rental demand. A rare chance to invest in one of Miami’s fastest-growing corridors.
Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (86)
Property Taxes
| Parcel Number | 01-0200-070-1210 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $715,000 |
Property Taxes
Parcel Number
01-0200-070-1210
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$715,000
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