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120 NW 7th Ave, Miami FL 33128

Commercial For Sale
$795,000

BTC: 12.50294881

ETH: 417.84047429

New
0 room(s)

Overview

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.

Location

Florida • Miami • 33128 • Commercial • For Sale

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$595,000
$233K – $2.4M
Confidence Low
List vs. estimate
$200K above estimate
List $795,000 · +33.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
63 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $417K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,731
2025
All facts and features

  • Lot

    • Lot: 0.11 Acres

    Other Property Information

    • Parcel Number: 01-02-00-070-1210

    • Zoning: 4601

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $14,731

  • Source details

    • MLS ID: A12062812

    Other facts

    • Lot Features: City Location / Regular Lot

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x100

    • Subdivision Name: CITY OF MIAMI SOUTH

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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Market around this address

Live counts in the same area.
View all
This zip
33128
84
median $584K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Commercial
1,211
median $1.2M
Active
Similar price
$556K – $1.0M
3,462
median $720K
Active

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: Keller Williams Capital Realty