Multifamily in 120 NW 7th Ave Miami for sale with MLS# A11854296
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.
120 NW 7th Ave, Miami, FL 33128
Price
- Price:
- $890,000.00
- Previous Asking Price:
- $990,000.00
- Original List Price:
- $1,175,000.00
Business Info
- Gross Scheduled Income:
- 0
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Land
- Property Type:
- Multifamily
- MLS Number:
- A11854296
- Description of Last Important Update:
- Price Change
- Last Major Update on:
- March 24, 2026 4:40 pm
Measures
- Lot Area:
- 5,000 Sqft
- Lot Size Dimensions and Info:
- 50x100
- Lot Size Unit:
- Square Feet
- Lot Features:
- Rectangular Lot
- Lot Size Acres:
- 0.11
Property Features
- Waterfront:
- No
- Road Responsibility:
- Public Maintained Road
Construction
- Road Frontage Type:
- Private Road
Taxes and Expenses
- Tax Annual Amount:
- $14,023.00
- Tax Year:
- 2024
Parking
- Covered Spaces:
- 0
Utilities
- Sewer:
- Septic Tank
- Water Source:
- Public
Community
- Subdivision Name:
- CITY OF MIAMI SOUTH
- Senior Community:
- No
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Close Of Escrow, Closing And Funding
- Lease Considered:
- No
Zoning and Legal
- Tax Legal Description:
- CITY OF MIAMI SOUTH PB B-41 N50FT OF LOTS 19-20 BLK 7 LOT SIZE 5000 SQUARE FEET OR 11392-1273 0382 1
- Real Estate Folio Number (Parcel Number):
- 01-02-00-070-1210
- Zoning Description:
- 4601
Listing History
- Originally published on:
- August 6, 2025 7:18 pm
- Active on the market since:
- August 6, 2025
- Listing Activated On:
- August 12, 2025
- Price change occurred on:
- March 24, 2026 4:40 pm
- Listing Status Last Changed On:
- August 12, 2025 9:35 am
- Photos updated on:
- August 13, 2025 1:17 am
- Last Modified:
- April 13, 2026 6:44 pm
Additional Information
- Flood Zone:
- AE
- Municipal Code:
- 1
- Subdivision Number:
- 70
- Courtesy of:
- Keller Williams Capital Realty
- Attribution:
- Not provided
Location
- Street Name:
- 7th Ave
- Street Number:
- 120
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33128
- County:
- Miami-Dade
- Latitude:
- N25° 46' 30.5''
- Longitude:
- W81° 47' 37.2''
- Street Direction Prefix:
- NW
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$36,308
Median Home Value
N/A
Median Rent
$1,316/mo
Median Age
44
Population
9,018
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Ver la propiedad 120 NW 7th Ave
