11575 NW 7th Ave, Miami FL 33168
Commercial Land at PARKWOOD TERRACE in Miami
$10,500,000
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Commercial Land
Details
Overview
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.
This home located at 11575 NW 7th Ave, Miami FL 33168 is currently for sale and has been available on Brickellsold for 123 days. This property is listed at $11M. It has N/A beds, N/A bathrooms, and is N/A square feet. 11575 NW 7th Ave, Miami FL 33168 is in Miami county Miami-Dade County.
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Property
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Construction
Community & HOA
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- Subdivision: PARKWOOD TERRACE
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Hubert O. Sibley K-8 Center • 0.0 mi • K-12
- Lakeview Elementary • 0.0 mi • K-12
- Van E. Blanton Elementary • 0.0 mi • K-12
- Gratigny Elementary • 0.0 mi • K-12
- Benjamin Franklin K-8 Center • 0.0 mi • K-12
- Henry E.S. Reeves K-8 Center • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.