11575 NW 7th Ave, Miami FL 33168, Miami, Miami-Dade County, Commercial Land
- $10,500,000
11575 NW 7th Ave, Miami FL 33168, Miami, Miami-Dade County, Commercial Land
- $10,500,000
Overview
- Square Feet
- 1 Square Feet
- Ocean Palm Realty, Inc.
- Rene Rodriguez
- A11894110
Description
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.
Details
Updated on March 18, 2026 at 3:19 pm-
Property ID A11894110
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Price $10,500,000
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Land Area 1 Square Feet
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Property Status Commercial Land
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Listing Agent Rene Rodriguez
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Listing Office Ocean Palm Realty, Inc.
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