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$4,700,000
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Property Description
LUMINA HOUSE DEVELOPMENT SITE - NOW AVAILABLE Prime development opportunity in Miami's rapidly evolving West River District. This shovel-ready site is fully approved for approximately 102,226 square feet, allowing for an 8-story development with up to 60 residential units, or the option for elderly housing combined with Live Local incentives for up to 85 units. Ideally positioned just one block from the Miami River and steps from Bagatelle, this location offers unmatched proximity to Brickell and Downtown Miami-placing future residents at the center of the city's most vibrant lifestyle and business hubs. The surrounding area is undergoing significant transformation, making this an exceptional opportunity for investors and developers to capitalize on Miami's continued growth. Now is the time to secure a foothold in one of the city's most promising emerging neighborhoods. See attachment for renderings and more information
Full Property Details
Full Property Details for 244 NW 7th Ave
General
- Price: $4,700,000
- Taxes: $58,926 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11986239
- Updated: 3/20/2026
- Added to Site: 69 day(s) ago
Location
- Area: City Of Miami South
- County: Miami-Dade County
- Subdivision: CITY OF MIAMI SOUTH
- Building Name: CITY OF MIAMI SOUTH
Community
- Community Name: City Of Miami South
Utilities
- Sewer: Other
- Water: Municipal Water
- Utility Description: Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Trash Removal, Water Available
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 17,500
- Lot Dimensions: 100 x 175
- Frontage Feet: 100
- Street/Road Desc.: Paved
- Lot Features: Corner Location, Corner Lot, 1-2.5 Acres
- Potential Use: Central Urban, Open Land
- Trees/Vegetation: No Trees, Other Trees, Grass/Pasture
- Zoning: 4601
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $58,926
- Tax Year: 2025
- Terms: All Cash, Conventional, Owner Will Carry
Disclosures and Reports
- Documents Avail.: Environmental Audit, Site Plans, Soil Test, Survey Available
- Legal Description: CITY OF MIAMI SOUTH PB B-41 N100FT OF LOTS 1 & 2 & LOT 3 BLK 3 LOT SIZE 17500 SQFT M/L OR 9306-386
- Property ID: 01-02-00-030-1010
Listed by Douglas Elliman
Get Pre-Approved Today
Schools
Schools serving 244 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 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 244 NW 7th Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$4,700,000
20.51%
MLS
2/28/2024
Sold
$3,900,000
—
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 244 NW 7th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$59,558
51%
$2,979,711
21%
2024
$39,335
285%
$2,454,761
306%
2023
$10,211
29%
$604,158
59%
2021
$7,892
-9%
$379,200
-17%
2022
$8,665
10%
$454,200
28%
2021
$7,892
14%
$354,200
15%
2019
$6,928
2%
$306,741
—
2018
$6,805
1%
$306,741
-8%
2017
$6,708
12%
$331,741
29%
2016
$5,984
69%
$256,741
81%
2015
$3,532
5%
$141,741
8%
2014
$3,363
428%
$131,544
140%
2013
$637
—
$54,814
—
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 244 NW 7th Ave
244 NW 7th Ave, Miami, FL 33128 (MLS# A11986239) is a Land Residential property with a lot size of 0.35 acres. 244 NW 7th Ave is currently listed for $4,700,000 and was received on March 19, 2026. Want to learn more about 244 NW 7th Ave? Do you have questions about finding other Land Residential real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

