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3002 NW 7th Ave - 3002 NW 7th AVE 0.42 Acres of Commercial Land Offered at $2,600,000 in Miami, FL 33127



INVESTMENT HIGHLIGHTS
- Four Contiguous Parcels | ±18,320 SF (0.42 AC) with strong frontage in Miami’s De Leon Park.
- Excellent Connectivity to I-95, Downtown, and Miami International Airport.
- Currently Income-Producing with immediate retail/F&B potential and long-term redevelopment upside.
- Surrounded by Redevelopment, strong comps and proven multifamily/retail demand.
EXECUTIVE SUMMARY
Rare opportunity to acquire four contiguous parcels totaling ±18,320 SF (0.42 acres) with a total building size of 3,504 SF, strategically located just off NW 7th Avenue in Miami’s De Leon Park subdivision.
The property is income-producing from day one, offering investors immediate cash flow while also providing significant long-term redevelopment potential. This dual appeal makes the site attractive to both hospitality operators looking to activate now and multifamily developers planning for density-driven projects in the future.
Currently zoned T4-O, the site allows for retail, hospitality, and up to 15 residential units. With the Live Local Act already being applied to nearby projects under construction, density could be increased to approximately 60 units.
The property’s location further strengthens its appeal. Positioned between Wynwood, Midtown, and the Design District, the site benefits from high visibility, strong traffic counts, and seamless access to I-95, Downtown, and Miami International Airport. The area is surrounded by active redevelopment, fueled by billions of dollars in investment, which continues to drive demand for both residential and hospitality uses.
Available at $2,800,000 for all four parcels, this is a flexible, high-exposure opportunity in the heart of Miami’s growth corridor. Investors can secure a prime site in a proven market, collect income today, and plan for substantial upside tomorrow.
The property is income-producing from day one, offering investors immediate cash flow while also providing significant long-term redevelopment potential. This dual appeal makes the site attractive to both hospitality operators looking to activate now and multifamily developers planning for density-driven projects in the future.
Currently zoned T4-O, the site allows for retail, hospitality, and up to 15 residential units. With the Live Local Act already being applied to nearby projects under construction, density could be increased to approximately 60 units.
The property’s location further strengthens its appeal. Positioned between Wynwood, Midtown, and the Design District, the site benefits from high visibility, strong traffic counts, and seamless access to I-95, Downtown, and Miami International Airport. The area is surrounded by active redevelopment, fueled by billions of dollars in investment, which continues to drive demand for both residential and hospitality uses.
Available at $2,800,000 for all four parcels, this is a flexible, high-exposure opportunity in the heart of Miami’s growth corridor. Investors can secure a prime site in a proven market, collect income today, and plan for substantial upside tomorrow.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$105,000
|
$249,643.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$105,000
|
$249,643.37
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $105,000 |
| Annual Per AC | $249,643.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $105,000 |
| Annual Per AC | $249,643.37 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,600,000 | Lot Size | 0.42 AC |
| Price Per AC | $6,182,100.92 |
| Price | $2,600,000 |
| Price Per AC | $6,182,100.92 |
| Lot Size | 0.42 AC |
Four contiguous parcels totaling ±18,320 SF in De Leon Park, just off NW 7th Ave. High visibility with dual access, ideal for retail, hospitality, or multifamily. Surrounded by redevelopment near Wynwood, Midtown, and the Design District.
1 1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $120,645 (2025) | |
| Land Assessment | $916,000 (2025) | Total Assessment | $1,036,645 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$916,000 (2025)
Improvements Assessment
$120,645 (2025)
Total Assessment
$1,036,645 (2025)
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3002 NW 7th Ave - 3002 NW 7th AVE
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