8800 NW 7th Ave Miami, FL ^$ 5,900,000

8800 NW 7th Ave

^$ 5,900,000

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8800 NW 7th Ave

Miami, FL, 33150

^$ 5,900,000

Studio Baths0.0

Monthly Estimate*

^$ 39,213

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8800 NW 7th Ave, Miami, FL 33150 - Image 9

8800 NW 7th Ave, Miami, FL 33150 - Image 10

8800 NW 7th Ave, Miami, FL 33150 - Image 11

8800 NW 7th Ave, Miami, FL 33150 - Image 12

8800 NW 7th Ave, Miami, FL 33150 - Image 13

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Studio

Lots and Land for sale in Miami, FL

for $5,900,000. The lot size is 1.47.

Great opportunity to purchase and develop large Mixed Use 63,938 square feet lot (1.47 Acre). Site obtained an approval for 11 story building with approximately 100 residential units. Property located in Opportunity Zone and conveniently close to I-95. Variety of automotive uses allowed on the site as well, including car dealership, and Express Car Wash ( Land Owner obtained Car Wash approval as well). Property is currently being rented as a parking lot for commercial vehicles.

Lots and Land Contingent

Price

^$ 5,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 34,702

Style

Residential

Lot Size

1.47

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11391589

Features

General

Possession ClosingFunding CloseOfEscrow

Development Status RawLand

Property SubType Residential

Tax Year 2022

County Miami-Dade County

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Contingency Pending Inspections

Subdivision Name Little River

Facing Direction East

Garage Y/N N

Building Features NotApplicable

Status ActiveUnderContract

City Miami

View Y/N N

Senior Community Y/N N

Zoning Description 6051

MLS Area 30

Lot Size Units SquareFeet

Lot Size Square Feet 63938.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 7th Ave

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 34702.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11391589

Days on Market 329

Standard Status ActiveUnderContract

Occupancy Type Tenant

Property Sub Type Additional Residential

Legal Description 2 53 41 1.47 AC M/L BEG SE COR BLK 7 PB 53-53 N126.15FT E500FT TO W R/W/L NW 7TH AVE S125.64FT SELY AD 39.27FT ALG R/W/L LITTLE RIVER DR 200

Exterior

Lot Size Area 63938.0

Spa N

Lot Size Acres 1.47

Covered Spaces 0.0

Number of Lots 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 8800

* Excluded Features

List By

Beachfront Realty Inc

Broker

miamistarlife@gmail.com

Affordability Calculator

$42,105

Per Month

Monthly Principal & Interest: $39,213
Monthly Property Taxes: $2,892
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Miami, FL

Average List Price ^$2,196,546

Percent of Sale Price 63%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/13/2023	$5,900,000	-7.81%	Price Down
6/7/2023	$6,400,000	-1.54%	Price Down
5/23/2023	$6,500,000		Listed Price

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8800 NW 7th Ave, Miami, FL, 33150 is a Lots and Land for sale at $5,900,000 with a lot size of 1.47. 8800 NW 7th Ave is a studio with 0.0 baths. The property's zip code is 33150 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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8800 NW 7th Ave

Lots and Land for sale in Miami, FL

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