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752-766 NW 11th St - Highland Park 0.35 Acres of Commercial Land Offered at $5,862,864 CAD in Miami, FL 33136
INVESTMENT HIGHLIGHTS
- Prime Health District location steps from Civic Center Metrorail
- Surrounded by major hospitals, universities, and research centers
- Immediate access to Downtown, Brickell, and SR-836
- Offered unentitled for maximum development flexibility
EXECUTIVE SUMMARY
Surrounded by a concentration of major hospitals, research facilities, universities, and healthcare institutions, the property benefits from a highly active and stable demand driver ecosystem.
Zoned T6-8-O (Urban Core – Open), the site allows immediate by-right development for high-density mixed-use or multifamily use. Additional entitlement pathways are available through the Rapid Transit Zone (RTZ) overlay and Florida’s Live Local Act, which together provide options to significantly increase allowable density, height, and overall development yield.
This rare combination of zoning flexibility, transit proximity, and location within a critical employment hub positions the property as a compelling development opportunity within Miami’s growing urban core.
PROPERTY FACTS
1 LOT AVAILABLE
Lot 3
| Price | $5,862,864 CAD | Lot Size | 0.35 AC |
| Price Per AC | $16,769,151.14 CAD |
| Price | $5,862,864 CAD |
| Price Per AC | $16,769,151.14 CAD |
| Lot Size | 0.35 AC |
Located along NW 11th Street, just west of NW 7th Avenue, the property benefits from direct access to major transit corridors and adjacency to large-scale institutional, residential, and mixed-use developments.
DESCRIPTION
Positioned in the heart of Miami’s Health District, this ±15,090 SF assemblage offers one of the most compelling urban infill opportunities in South Florida. Located just one block from the Civic Center Metrorail Station, the site provides unmatched connectivity to Downtown Miami, Brickell, and Miami International Airport, making it ideal for high-density mixed-use or multifamily development. The Health District is a thriving employment hub anchored by Jackson Memorial Hospital, University of Miami Health System, and the VA Medical Center, collectively supporting over 50,000 jobs and generating strong housing demand. Zoned T6-8-O (Urban Core – Open), the property allows for immediate by-right development of up to 150 units per acre, with additional density and height bonuses under Miami-Dade’s Rapid Transit Zone and Florida’s Live Local Act. These frameworks enable developers to scale projects up to 1,000 units per acre and achieve heights comparable to the tallest building within one mile, creating extraordinary flexibility for market-rate, mixed-income, or workforce housing strategies. Surrounded by major institutional, residential, and retail developments—including River Landing and Wynwood—the site benefits from a dynamic live-work-play environment. With proximity to cultural destinations, healthcare campuses, and future infrastructure enhancements like Underdeck Park, this property is perfectly positioned for long-term growth and value creation.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,266,065 CAD |
PROPERTY TAXES
CONTACTS
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Virgilio Fernandez, CCIM -
Mitash Kripalani, CCIM -
Alain Crego -
Milan Patel -
Cushman & Wakefield
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752-766 NW 11th St - Highland Park
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