REED TERRACE

7025 NW 74th St, Medley FL 33166

Closed

$2,500,000

12.25%

Est. Payment $13,306/mo

MLS Sheet

330

Days on Market

Description

Development opportunity in highly sought after location in Medley. Oversized lot with liberal M-1 Zoning (Light Industrial/Manufacturing) allows for multiple uses for investors and business operations. Approximately 190 feet of frontage on N.W. 74th ST fenced and secured. Close to Miami International Airport and Port of Miami cargo transportation centers. Easy access to and from the Palmetto Expressway.

Facts

MLS#
A11088151
Subdivision
REED TERRACE
Property Type
Commercial Land
Property Sub Type
Industrial
Year Built
Lot Size
37,993 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
330 days
Listed
Aug 19, 2021
Last Updated
Jul 23, 2022
Price/Lot Sq.Ft.
$66/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Medley

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

41

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/23/2022Sold$2,500,000
9/15/2021Price change$2,500,000-12.2%
8/19/2021Listed for sale$2,849,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

7025 NW 74th St, Medley FL 33166Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$15,539/mo

Principal & Interest

$13,306

Property Tax

$2,083

Insurance

$150

HOA

$0

20% ($500,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

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