Rare T5-R redevelopment parcel in fast-moving Little River, offered as part of a two-property assemblage with the adjacent 7722 NW 1st Avenue. This ±13,219 SF lot is currently improved with a ±1,360 SF commercial building operating as a daycare and sits within a federally designated Opportunity Zone. T5-R zoning at 65 units per acre supports multifamily redevelopment, and combined with the neighboring parcel the ±20,776 SF assemblage allows up to 31 units by right within a five-story envelope, with further density upside available through a TSND petition or rezoning. The existing structure offers covered-land flexibility while a future project is designed, finalized, and permitted. Offered exclusively as part of a $2,300,000 assemblage and sold together with 7722 NW 1st Avenue (Folio 01-3112-050-0011), not available separately. Minutes to Wynwood, MiMo, and the $3B Little River District. Buyer to verify zoning, dimensions, and development potential.

The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial 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. Data last updated on August 20, 2026

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More Info

Basic Information

Current UseCommercial, Other, Unimproved
List Price$2,300,000
MIAMIA12040649
MlsStatusActive
PublicSurveyRange31
Virtual TourView Tour

Other

View Count2

Tax Information

Tax Year2025
Taxes$8,144

Location

Area31
Building Number111
CountyMiami-Dade
SubdivisionCapital Sub Phoenix Pk
Zip33150

Utilities

SewerPublic Sewer
UtilitiesCable Available, Electricity Available, Sewer Available, TrashCollection, Water Available
Water SourcePublic

Basic Information

Property TypeLand
StatusActive

Property

Acreage0.3
Lot DescriptionLessThanOneAcre, OversizedLot
Lot Size Area13,219
Lot Size Square Feet13,219
Zoning4600

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Grier Allen

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