6400 7Th AveMiami, FL 33150

  • Land
  • 6,222 SF
For Sale
$800,000 View listing

Property Details for 6400 7Th Ave

Year built
1950
Construction
CONCRETE
Lot size
0.25 AC
Property size (Sq ft)
6,222 SF
Zone code
6100:COMMERCIAL,NEIGHBRHD
Property type
Land
Property subtype
Commercial land
APN
01-3114-036-1240
APU
131140361240

Description

This exceptional 10,700 square foot mixed-use development opportunity is located at 6400 NW 7th Avenue in Miami, Florida, zip code 33150. The property boasts a prime corner lot location on bustling 7th Avenue (441), offering unparalleled visibility and accessibility. Currently zoned T6-8O, this site presents a unique chance for developers seeking to capitalize on the vibrant Miami market. The T6-8O zoning allows for a wide range of development possibilities, catering to diverse project visions. Alternatively, developers can leverage the Live Local Act to maximize building density and height, particularly advantageous for workforce housing projects. The property's strategic adjacency to Miami-Dade College North Campus' Carrie P. Meek Entrepreneurial Education Center further enhances its appeal, providing a dynamic and thriving surrounding environment. This is an exceptional opportunity to create a landmark development in a high-growth area of Miami. The asking price for this remarkable property is $800,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,620,499
    Hospitality
    $4,232,352
    Educational
    $3,521,267
    Medical
    $3,642,369
    Retail
    $5,477,527
6400 7Th Ave, Miami, Florida

Location Insight

City
Miami
County
Miami-dade
State
Florida
Latitude
25.834
Longitude
-80.2089
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,211
$535,000
-
$535,000
-
$535,000
-
$535,000

FAQs

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