About this home
Exceptional redevelopment opportunity! This 7,500 sq. ft. lot is zoned T5 R, offering outstanding potential in one of Miami's fastest growing neighborhoods. The existing structure is a total teardown, making this an ideal site for a new development. Ideally located just 10 minutes from Wynwood, 5 minutes from I-95, and approximately 10 minutes from the future Brightline Wynwood Station, this property offers exceptional connectivity and long term investment potential. Surrounded by significant redevelopment and new construction, this is an outstanding opportunity for developers, investors, and builders looking to capitalize on Miami's continued growth! Buyer and buyer's agent are responsible for independently verifying zoning, permitted uses, development rights, and all building regulations with the appropriate governmental authorities.
Listing last checked: Listing updated:
Listed by Vilma S Mansur PA · Berkshire Hathaway HomeService · MLS #B26048611
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Details at a glance
Interior3 property facts
- Heating
- None
- Cooling
- None
- Flooring
- Other
Building5 property facts
- Style
- Single Family Residence
- Year built
- 1926
- Parking
- 1
- Foundation
- See Remarks
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 0.17 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- 4600
Financial2 property facts
- Annual taxes
- $789
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $474,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,467 / monthAdjust
- Principal & interest
- $2,401
- Property tax
- $66
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $789. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 7645 NE 1st Avenue
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