11575 NW 7th Ave Miami FL 33168 (A11894110)
Overview of Parcel 30-21-36-032-0050
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.
Please contact your ZFC agent for more information about MLS# AX-11894110 or any other land for sale in Miami or elsewhere in the Miami-Dade County area.
Parcel 30-21-36-032-0050 Price Calculator
The payment calculator figures for Parcel 30-21-36-032-0050 should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this land for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $47,202 but will likely change when this land sells. These estimations are calculated from a list price of $11,500,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the land characteristics and location.
Recent Land Sales near Parcel 30-21-36-032-0050
MLS# AX-11894110 Listing History
Map of Parcel 30-21-36-032-0050 Miami FL 33168
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