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7722 NW 1st Ave, Miami FL 33150

Commercial For Sale
$2,300,000

BTC: 29.24348379

ETH: 908.91128236

81 days
0 room(s)

Overview

Little River redevelopment opportunity offered as part of a two-property assemblage with the adjacent 111 NW 77th Street. This ±7,557 SF lot is improved with a ±1,168 SF single-family residence and is zoned T5-R within a federally designated Opportunity Zone. Combined with the neighboring parcel, the ±20,776 SF assemblage supports up to 31 units by right at 65 units per acre within a five-story envelope, with additional density upside available through a TSND petition or rezoning. The in-place structure allows covered-land flexibility while a future development is designed, finalized, and permitted. Offered exclusively as part of a $2,300,000 assemblage and sold together with 111 NW 77th Street (Folio 01-3112-050-0010), not available separately. Steps from Wynwood, MiMo, the Design District, and the transformational $3B Little River District. Buyer to verify zoning, measurements, and development rights.

Location

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$997,000
$345K – $2.5M
Confidence Low
List vs. estimate
$1.3M above estimate
List $2,300,000 · +130.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
29 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $602K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,138
2025
All facts and features
  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 01-31-12-050-0011

    • Zoning: 4600

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Cable Connected

    • Electricity Connected

    • Other Utilities Available

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Electricity Available

    • Other

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $5,138

  • Source details

    • MLS ID: A12040651

    Other facts

    • Lot Features: Corner Lot / Other Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 63x119

    • Subdivision Name: CAPITAL SUB PHOENIX PK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc