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11575 NW 7th Ave Miami FL 33168 MLS #A11894110

11575 NW 7th Ave
Miami, FL, 33168
$11,500,000
Beds
0 Bathrooms
0 SqFt
1 Acres
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$11,500,000
11575 NW 7th Ave
Miami, FL, 33168
MLS #A11894110 image #0MLS #A11894110 image #1

Project 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.

Property Details

Price:
$11,500,000
MLS #:
A11894110
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
PARKWOOD TERRACE
Neighborhood:
parkwoodterrace
Listed Date:
Oct 10, 2025
Lot Size:
54,090 sqft / 1.00 acres (approx)
Parkwood TerraceParkwoodterraceParkwood TerraceOther Usage,other Style

Schools

Interior

Exterior

Financial

Tax Year
2024
Taxes
$47,202

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
11575 NW 7th Ave
Miami, FL