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$6,000,000
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Property Description
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.
Full Property Details
Full Property Details for 342 NW 7th St
General
- Price: $6,000,000
- Taxes: $12,590 (2025)
- Status: Active
- Type: Commercial Land
- Source: Greater_Miami
- MLS ID: A11926788
- Updated: 12/9/2025
- Added to Site: 42 day(s) ago
Location
- Area: Highland Park
- County: Miami-Dade County
- Subdivision: Highland Park
- Building Name: Highland Park
- Driving Directions: See attached OM. Sign on property. Email to schedule a call to discuss.
Community
- Community Name: Highland Park
Utilities
- Sewer: Public Sanitation
- Water: Municipal Water
- Utility Description: Other Utilities Available, Other
Structural Information
- Structure Type: Commercial
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved Multi Family (5+Units)
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,769
- Lot Dimensions: 83.81 x 138
- Frontage Feet: 83
- Street/Road Desc.: Paved
- Lot Features: Central Business District, Corner Lot, Urban Area Development, Dirt, Less Than 1 Acre, Cleared Land
- Potential Use: Central Urban, Urban Commercial
- Zoning: 6106
Financial Considerations
- Tax Amount: $12,590
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Ownership: Partnership
- Legal Description: SCOTT & SAWYER SUB PB 4-13 LOT 1 LESS 17.47FTE OF NW COR E ALG N/L 17.53FTS ALG E/L 32.22FTNWLY 20.33FTNWLY ALG CURVE TO LEFT 20.41FT TO POB
- Property ID: 01-01-05-040-2010
Listed by Douglas Elliman
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Schools
Schools serving 342 NW 7th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 1.8 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.4 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 342 NW 7th St
Date
Details
Price
Change
Source
12/08/2025
Listed
$6,000,000
380%
MLS
10/31/2022
Sold
$1,250,000
—
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 342 NW 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,626
-3%
$530,420
—
2023
$10,904
92%
$530,420
69%
2022
$5,666
6%
$313,430
8%
2021
$5,351
30%
$289,320
50%
2019
$4,117
39%
$192,880
50%
2018
$2,961
4%
$128,361
-24%
2017
$2,836
17%
$168,770
59%
2016
$2,421
13%
$106,084
10%
2015
$2,144
43%
$96,440
67%
2014
$1,503
6%
$57,761
10%
2013
$1,424
—
$52,510
—
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 342 NW 7th St
342 NW 7th St, Miami, FL 33136 (MLS# A11926788) is a Commercial Land property with a lot size of 0.22 acres. 342 NW 7th St is currently listed for $6,000,000 and was received on December 08, 2025. Want to learn more about 342 NW 7th St? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

