$6,000,000

342 NW 7th St Miami, FL 33136

Overtown Neighborhood

Estimated payment $33,048/month

Total Views 11,053
0.22 Acres
$27,272,727 Price per Acre
9,769 Sq Ft Lot

About This Lot

Develop 143 Apartments & One (1) Retail Bay one block to Downtown Miami in hot Highland Park, vacant land, Miami, FL. Only $42,000/door land cost. Develop 80,000 +/- buildable and 58,000 +/- sellable SF in 12 stories. Develop by-right via submission under Live Local SB102 & 328 amendments, allowing for 100% parking reduction driving down your development costs. Located in Transit Oriented Development (“TOD”) and Opportunity Zoned (“OZ”) areas. See attached OM.

Listing Agent

Brian Carter, MBA, CCIM

Douglas Elliman License #3022095 Listed on: 12/08/2025

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,590

Lot Details

  • 9,769 Sq Ft Lot
  • Lot Dimensions are 83.81x138
  • Dirt Road
  • Corner Lot
  • Cleared Lot
  • Additional Parcels
  • Property is zoned 6106

Community Details

  • No Home Owners Association
  • Highland Park Condos
  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-01-05-040-2010

Property Details

Property Type

Land

Est. Annual Taxes

$12,590

Lot Details

9,769 Sq Ft Lot

Listing Details

  • Property Type: Commercial Land
  • Ownership: Partnership
  • Property Sub Type: Commercial
  • Directions: See attached OM. Sign on property. Email to schedule a call to discuss.
  • Horses: No
  • Lot Size Acres: 0.22
  • Lot Size: 83.81x138
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Public Road
  • Road Surface Type: Paved
  • Structure Type: Commercial
  • Subdivision Name: Highland Park
  • CurrentPrice: 6000000
  • InternetRemarks: Develop 143 apartment & 1 commercial space in 12 stories on vacant land in Miami, by right. Sign on property. Email to schedule a call to discuss.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Central Urban, Urban Commercial

Exterior Features

  • Lot Features: Central Business District, Corner Lot, Urban Area Development, Dirt, Less Than 1 Acre, Cleared Land
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Highland Park

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-01-05-040-2010
  • Additional Parcels: Yes
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 9769
  • Zoning: 6106

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12590

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $10,626 $583,462 -- --
2024 $10,904 $530,420 $530,420 --
2023 $10,904 $530,420 $530,420 $0
2022 $5,666 $256,722 $0 $0
2021 $5,351 $233,384 $0 $0
2020 $5,069 $289,320 $289,320 $0
2019 $4,117 $192,880 $192,880 $0
2018 $2,961 $168,770 $168,770 $0
2017 $2,836 $116,692 $0 $0
2016 $2,421 $106,084 $0 $0
2015 $2,144 $96,440 $0 $0
2014 $1,503 $57,761 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2025 12/08/25 For Sale $6,000,000 +361.5% --
05/06/2022 05/06/22 Sold $1,300,000 0.0% -- View Prior Sale
11/27/2021 11/27/21 For Sale $1,300,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $1,250,000 --
Special Warranty Deed $1,250,000 None Listed On Document
Special Warranty Deed $525,000 Attorney
Warranty Deed -- None Available
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $10,000 None Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11926788

MIAMI REALTORS® MLS

APN: 01-0105-040-2010

Florida Miami/Dade County Miami 33136 Overtown

342 NW 7th St, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Brian Carter, MBA, CCIM
Listing Agent
Brian Carter, MBA, CCIM
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Douglas Elliman
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