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$1,490,000
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Property Description
Prime development opportunity in the heart of Little Havana, offering both immediate rental income and long-term growth potential. Zoned T6-8-R on a 5,000 SF lot, this two-story multifamily property provides a strong foundation for future construction in one of Miami's fastest-evolving neighborhoods. The existing building includes four spacious 2BR/1BA units with terrazzo or tile flooring, separate electric meters, washer/dryer hookups, and dedicated parking. All units are currently occupied, allowing buyers to generate income while preparing for permitting and redevelopment plans. Centrally located with quick access to Brickell, downtown Miami, Coconut Grove, and the Beaches, this property combines present-day stability with outstanding land value.
Full Property Details
Full Property Details for 212 NW 7th Ave
General
- Price: $1,490,000
- Taxes: $16,347 (2024)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11886910
- Updated: 1/9/2026
- Added to Site: 109 day(s) ago
Location
- Area: City Of Miami South
- County: Miami-Dade County
- Subdivision: CITY OF MIAMI SOUTH
- Building Name: CITY OF MIAMI SOUTH
- Direction Faces: East
Community
- Community Name: City Of Miami South
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
- Utility Description: Sewer Connected, Water Connected, Electricity Available, Phone Available, Sewer Available, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: Livable
Lot Features
- Lot Size (Sq. Ft.): 5,000
- Street/Road Desc.: Paved Road, Paved
- Lot Features: City Location, Fenced, Other
- Development Status: Recorded Plat
- Trees/Vegetation: No Trees
- Zoning: 4601
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $16,347
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Legal Description: CITY OF MIAMI SOUTH PB B-41 N50FT OF S100FT LOTS 19-20 BLK 3 OR 12636-587 0985 1
- Property ID: 01-02-00-030-1230
Listed by Compass Florida, LLC.
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Schools
Schools serving 212 NW 7th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.6 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 212 NW 7th Ave
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$1,490,000
-4.73%
MLS
11/18/2025
Price Reduced
$1,564,000
-2.19%
MLS
9/30/2025
Listed
$1,599,000
59.9%
MLS
11/28/2023
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 212 NW 7th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,028
26%
$859,070
15%
2023
$13,560
25%
$749,245
47%
2021
$10,822
-8%
$509,374
-15%
2022
$11,807
9%
$599,245
23%
2021
$10,822
17%
$486,817
12%
2019
$9,243
1%
$433,018
-1%
2018
$9,119
-7%
$435,352
-6%
2017
$9,802
44%
$462,685
68%
2016
$6,797
21%
$275,082
10%
2015
$5,615
6%
$250,075
10%
2014
$5,294
13%
$227,341
10%
2013
$4,681
—
$206,674
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 212 NW 7th Ave
212 NW 7th Ave, Miami, FL 33128 (MLS# A11886910) is a Land Residential property with a lot size of 0 acres. 212 NW 7th Ave is currently listed for $1,490,000 and was received on September 30, 2025. Want to learn more about 212 NW 7th Ave? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

