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8500 NW 7th St - Fontainebleau Apartments 1.15 Acres of Residential Land Offered at $21,313,650 CAD in Miami, FL 33126



Investment Highlights
- Strategic access to major thoroughfares and Miami International Airport for superior connectivity.
- Located in the Mixed-Use Corridor District, encouraging urban density and vibrant community development.
Executive Summary
Strategically located near Miami International Airport, major expressways, and thriving commercial hubs, the property offers exceptional accessibility and connectivity for both commuters and logistics operations. Its position within a densely populated urban corridor ensures robust demand for residential occupancy and convenience-driven retail. The approved site plan includes provisions for dedicated parking, reinforcing usability and long-term functionality.
With the entitlement process complete, the acquisition represents a streamlined path to development in one of Miami’s most sought-after submarkets. This property provides an immediate opportunity to deliver a large-scale residential project in a corridor facing limited supply and heightened demand, making it a compelling investment for developers seeking scale, location prominence, and mixed-use adaptability within the heart of Miami.
Property Facts
| Price | $21,313,650 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.15 AC |
| Property Type | Land | ||
| Zoning | MCD - Mixed-Use Corridor District | ||
| Price | $21,313,650 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.15 AC |
| Zoning | MCD - Mixed-Use Corridor District |
1 Lot Available
Lot
| Price | $21,313,650 CAD | Lot Size | 1.15 AC |
| Price Per AC | $18,533,608.71 CAD |
| Price | $21,313,650 CAD |
| Price Per AC | $18,533,608.71 CAD |
| Lot Size | 1.15 AC |
Composed of two parcels totaling nearly two acres, offering development scale and flexibility.
Description
This development site offers a rare opportunity in a sought-after Miami location, positioned within an area facing high housing demand and limited supply. The property has secured full Administrative Site Plan Review approval for a large-scale mixed-use project, featuring 468 residential units and approximately 4,590 square feet of prime retail space. These elements combine to create a dynamic live-work-play environment tailored to the needs of a vibrant, growing market. The site’s location enables unmatched connectivity for both residents and retailers, offering proximity to major roadways, thriving business districts, and Miami International Airport. Its inclusion of structured parking further enhances accessibility and convenience. With forward-looking entitlements already in place, this property is ideally positioned to meet the urban demand for modern housing and retail offerings, making it an exceptional acquisition opportunity for developers and investors alike.
Property Taxes
| Parcel Number | 30-3053-001-0760 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,414,950 CAD |
Property Taxes
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8500 NW 7th St - Fontainebleau Apartments
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