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Investment Highlights

  • Strategic access to major thoroughfares and Miami International Airport for superior connectivity.
  • Located in the Mixed-Use Corridor District, encouraging urban density and vibrant community development.

Executive Summary

The property at 8500 NW 7th Street, Miami, presents a fully entitled redevelopment opportunity within Miami-Dade’s Mixed-Use Corridor District. Spanning approximately 1.71 acres across two parcels, the site is approved for a comprehensive mixed-use project featuring 468 multifamily residential units complemented by 4,590 square feet of retail space. This entitlement reflects the area’s growing demand for modern housing options alongside accessible retail amenities, creating significant value for future residents and businesses.
Strategically located near Miami International Airport, major expressways, and thriving commercial hubs, the property offers exceptional accessibility and connectivity for both commuters and logistics operations. Its position within a densely populated urban corridor ensures robust demand for residential occupancy and convenience-driven retail. The approved site plan includes provisions for dedicated parking, reinforcing usability and long-term functionality.
With the entitlement process complete, the acquisition represents a streamlined path to development in one of Miami’s most sought-after submarkets. This property provides an immediate opportunity to deliver a large-scale residential project in a corridor facing limited supply and heightened demand, making it a compelling investment for developers seeking scale, location prominence, and mixed-use adaptability within the heart of Miami.

Property Facts

Price $15,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 1.15 AC
Zoning MCD - Mixed-Use Corridor District

1 Lot Available

Lot

Price $15,000,000
Price Per AC $13,043,478.26
Lot Size 1.15 AC

Composed of two parcels totaling nearly two acres, offering development scale and flexibility.

Description

This development site offers a rare opportunity in a sought-after Miami location, positioned within an area facing high housing demand and limited supply. The property has secured full Administrative Site Plan Review approval for a large-scale mixed-use project, featuring 468 residential units and approximately 4,590 square feet of prime retail space. These elements combine to create a dynamic live-work-play environment tailored to the needs of a vibrant, growing market. The site’s location enables unmatched connectivity for both residents and retailers, offering proximity to major roadways, thriving business districts, and Miami International Airport. Its inclusion of structured parking further enhances accessibility and convenience. With forward-looking entitlements already in place, this property is ideally positioned to meet the urban demand for modern housing and retail offerings, making it an exceptional acquisition opportunity for developers and investors alike.

Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
30-3053-001-0760
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$998,250
  • Listing ID: 41028798

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 8500 NW 7th St, Miami, FL 33126

Contact the Sale Advisor

8500 NW 7th St - Fontainebleau Apartments

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