Exceptional opportunity in the heart of Miami’s vibrant Little Havana neighborhood, offering prime redevelopment potential just minutes from Brickell, Downtown, the Roads, and Coconut Grove. Centrally located with convenient access to major highways, public transportation, dining, shopping, and cultural attractions. The property sits on a generously sized lot in a rapidly growing area surrounded by new residential and mixed-use developments. Ideal for investors, developers, or end users seeking strong upside potential in one of Miami’s most dynamic corridors. Very attractive T5-L 7500 Zoning and location support a variety of possibilities, making this a strategic acquisition for those looking to capitalize on continued urban growth and demand for housing near the city core. Inquire regarding existing plans for multi-family development. Buyer to verify zoning, density, and development potential with the City of Miami.
Riverview, located between the Miami River and Little Havana, is a residential and industrial Miami neighborhood with working waterfront edges and low-rise streetscapes. The neighborhood’s character concentrates along NW 7th St near the Miami River bridges, where marine yards, produce wholesalers, and no-frills eateries share the air with passing freight traffic. Pillars nearby include Riverside Wharf Miami for riverfront dining, the historic Tower Theater for repertory film, and Ball & Chain for live music. Architecture leans utilitarian—warehouse blocks, modest mid-century apartments, and older single-story homes—set against cranes and river views. Daily life orbits around the river, with pockets of shade at Sewell Park and a steady flow toward Calle Ocho’s cultural corridor.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Southwest-facing property
Home design
Single lot property
Utilities
Zoning: 6107
Financial info
Annual property tax for 2025: $17,741
Other
Lot size approximately 0.172 acres (7,500 square feet)
Electricity and solar
View estimated energy costs and solar savings for this home
LOCATION LOCATION LOCATION, Great investor/ development opportunity in Miami's hottest growing area. Currently zoned T5-L 7,500 sq. /lot, facing one of the busiest streets in Miami. Able to do retail, mixes use, res, up to 5 floors high, don't miss out on this opportunity. Existing structure must be DEMOED, being sold for land value so please do not ask about the building. THIS TYPE OF OPPORTUNITY IS VERY RARE, priced reduced for fast CASH SALE.
MARMLS #A11388432
Sep 11, 2023
Listing Removed
—
Jul 26, 2023
Price Changed
$790,000
May 16, 2023
Listed
$890,000
Public Records
May 5, 2023
Sold
$650,000
Year
Property tax
Land + Additions
Assessment*
2025
$17,699 (−0.2%)
$750,000 + $97,472
$847,472
2024
$17,741 (+99.8%)
$750,000 + $97,472
$847,472
2023
$8,878 (+25.5%)
2022
$7,077 (+12.7%)
2021
$6,281 (+2.7%)
2020
$6,117 (+3.0%)
2019
$5,940 (+30.0%)
2018
$4,569 (+8.1%)
2017
$4,228 (+15.6%)
2016
$3,657 (+6.9%)
$262,500 + $9,393
$271,893
2015
$3,421 (+5.3%)
2014
$3,250 (+31.7%)
2013
$2,468 (−5.4%)
2012
$2,608 (+2.9%)
$71,250 + $10,524
$81,774
2011
$2,535
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
7,500 Sq. Ft.
Year renovated
1939
Finished Sq. Ft.
2,170
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,170
Year built
1939
Style
Multi-Family (2-4 Unit)
County
Miami-Dade County
APN
0141380032080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
T5-L
Urban Center Transect - Limit Zone
The Urban Center Zone consists of higher Density Mixed-Use Building types that accommodate retail and office Uses, rowhouses and apartments. A network of small blocks has Thoroughfares with wide Sidewalks, steady street tree planting and Buildings set close to the Frontages with frequent doors and windows.
Permitted uses
Include but are not limited to:
Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Hotel / motel
Mixed use
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 31 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33130
Average low and high temperatures (°F)
74
62
76
65
78
69
80
73
86
78
87
80
89
81
90
80
87
78
84
77
80
71
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 937 SW 7th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $440,000 and $1,200,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $440K to $1.2M.