MIAMI NORTH

342 NW 7th St, Miami FL 33136

Closed

$1,300,000

Est. Payment $6,919/mo

MLS Sheet

138

Days on Market

Description

9,000sf Overtown Land ready for Development. Site by right permits for 30 residential units, or 60 if you go affordable. T-6-8-L zoning permits mixed-uses including retail, residential, office, hotel and more. The area is going through an incredible transformation, as there is no neighborhood closer to the urban core, in direct path of development, and with favorable zoning to build-on and help cure the scarcity of housing and skyrocketing rents in our community. 2 blocks away from the bright-line projects, making the site close to steady employment, entertainment venues, and most importantly transit friendly. The site has direct visibility from i-95. The site is unparalleled as an opportunity to build urban infill development, reasonably priced, in a rapidly developing neighborhood.

Facts

MLS#
A11129463
Subdivision
MIAMI NORTH
Property Type
Commercial Land
Property Sub Type
Year Built
Lot Size
9,148 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
138 days
Listed
Nov 18, 2021
Last Updated
May 6, 2022
Price/Lot Sq.Ft.
$142/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

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

Sellers market

September 2026

100/100
Buyers marketSellers market

46

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).

5/6/2022Sold$1,300,000
11/18/2021Listed for sale$1,300,000

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

Location

342 NW 7th St, Miami FL 33136Directions

Estimated Monthly Payment

$8,152/mo

Principal & Interest

$6,919

Property Tax

$1,083

Insurance

$150

HOA

$0

20% ($260,000)
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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