Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

11575 NW 7th Ave
Miami, FL, 33168
$10,500,000
Beds
0 Baths
0 SqFt
1 Acres
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MLS #A11894110 image #0
Centrally located 54,090 sqf in an “Opportunity Zone”. Under zoning the site supports a maximum density of 110 residential units. This property would qualify for the live local ordinance that would push density to 220 or more residential units. Visible from I-95 and 441 and minutes from Barry University and schools. Located in the Federally designated Opportunity Zone provides significant tax advantages to investors. If the property is developed and held for a minimum period of 10 years, the capital gains from future sale may be entirely tax exempt. If funds from another gain are put into the “opportunity zone fund” the capital gain can be deferred for 5 years with a 10% reduction in Year 5. Please consult with your local authority.

Property Details

Price:
$10,500,000
MLS #:
A11894110
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
PARKWOOD TERRACE
Neighborhood:
parkwoodterrace
Listed Date:
Oct 10, 2025
Lot Size:
54,090 sqft / 1.00 acres (approx)
Parkwood TerraceParkwoodterraceParkwood TerraceOther Usage,other Style

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Schools

Interior

Exterior

Lot Features
County Location, 1-2.5 Acres

Financial

Tax Year
2024
Taxes
$47,202

Map

Community

Subdivisions in Miami

Market Summary

Current real estate data for Single Family in Miami as of Apr 24, 2026
3,651
Single Family Listed
130
Avg DOM
585
Avg $ / SqFt
$1,673,435
Avg List Price

Property Summary

    Located in the PARKWOOD TERRACE subdivision, 11575 NW 7th Ave Miami FL is a Single Family for sale in Miami, FL, 33168. It is listed for $10,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space.The average price per square foot for Single Family listings in Miami is $585. The average listing price for Single Family in Miami is $1,673,435. To schedule a showing of MLS#a11894110 at 11575 NW 7th Ave in Miami, FL, contact your Julien Drieu agent at 7862380927.

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