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ActiveThe Method
$999,999

119 SW 7th Ave, Miami FL 33130

Miami

After 158 days on market and a $200,000 price reduction, this T6-12-O zoned parcel steps from Brickell is now priced where the numbers start making real sense for a developer or land-banking investor. The existing structures — a single-family home plus a detached one-bed, one-bath — generate income while you assemble, permit, or hold, with the added upside of combining adjacent parcels for a roughly 9,500 SF high-density mixed-use footprint. In a corridor where new construction is actively reshaping the skyline, motivated seller pricing on entitled urban infill this close to Brickell doesn't sit long.

Type
Land/Boat Docks
Lot size
5,000 sqft
Days on market
158 days
About this property

119 SW Ave presents a rare T6-12-O opportunity steps from Brickell in one of Miami’s fastest-growing corridors. The property features a single-family home plus a detached 1 bed 1 bath, offering immediate rental income or holding flexibility while plans are developed. The true value lies in the zoning, allowing high-density mixed-use residential and commercial development. Even more compelling is the potential to assemble with the adjacent corner parcels totaling approximately 9,500 SF, creating a premier development footprint with significant upside. Surrounded by new construction, major investment, and rapid growth near Brickell, Wynwood, and the Miami River District, this is a strategic acquisition for developers looking to capitalize on zoning, location, and scale.

Why this is an opportunity
Originally $1,199,999 · now $999,999 ↓ 17%
  • Price cut 17%, $200,000 off the original ask
  • 158 days on market, a motivated seller open to offers
Location
MLS# A11936048 · Listed by Ander Egurrola
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