11575 NW 7th Ave Miami, FL 33168
Pinewood Park NeighborhoodEstimated payment $59,220/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $47,202
Lot Details
- 1 Acre Lot
- Lot Dimensions are 200x200
- Property is zoned 6062
Community Details
- No Home Owners Association
- Parkwood Terrace Condos
- Parkwood Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 30-21-36-032-0050
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $47,202 | $2,785,000 | $2,163,600 | $621,400 |
| 2024 | $44,341 | $2,785,000 | $2,163,600 | $621,400 |
| 2023 | $44,341 | $2,600,000 | $1,633,450 | $966,550 |
| 2022 | $41,500 | $2,435,000 | $1,400,100 | $1,034,900 |
| 2021 | $28,162 | $1,470,395 | $0 | $0 |
| 2020 | $25,693 | $1,630,000 | $1,400,100 | $229,900 |
| 2019 | $23,551 | $1,500,000 | $1,400,100 | $99,900 |
| 2018 | $21,566 | $1,475,000 | $1,400,100 | $74,900 |
| 2017 | $20,878 | $1,004,300 | $0 | $0 |
| 2016 | $16,639 | $913,000 | $0 | $0 |
| 2015 | $15,154 | $830,000 | $0 | $0 |
| 2014 | -- | $830,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2026 02/10/26 | Price Changed | $10,500,000 | -8.7% | -- |
| 10/10/2025 10/10/25 | For Sale | $11,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,100,000 | Attorney | |
| Special Warranty Deed | $900,000 | American Home Title Of Tampa | |
| Trustee Deed | $675,100 | None Available | |
| Warranty Deed | $650,000 | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11894110
APN: 30-2136-032-0050
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