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Prime Commercial Land at 75 SW 11th St, Miami FL 33130

Commercial land zoned T6-48B-O in Miami allowing up to 500 units/acre and 80 stories height, located in a rapid transit overlay zone.

$24,000,000

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MLS #A11688560

Listing Updated: 2026-07-13 18:36:01

Listed By: AF Realty

Overview

This commercial land at 75 SW 11th St in Miami offers significant development potential under the T6-48B-O zoning. The zoning permits a density of up to 500 units per acre and building heights up to 80 stories, including bonuses. Situated within the Metromover Subzone of the Miami-Dade County Rapid Transit Zone Overlay, the property may qualify for additional height and floor area ratio without paying bonuses, enhancing its development appeal. Its location in downtown Miami provides excellent access to transit and urban amenities, making it suitable for multifamily or mixed-use projects.

Property Highlights

Zoned T6-48B-O with up to 500 units/acre density; 80-story height allowance including bonuses; located in Miami's Metromover Subzone; potential for additional height and FLR without bonus payments; ideal for multifamily or income-generating development.

Property Details

City: Miami

State: FL

Zip Code: 33130

Address: 75 SW 11th St, Miami FL 33130

Year Built:

Property Type: Commercial Land

Property Sub Type: Income/MultiFamily

Listing Office Name: AF Realty

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $178,309

Days On Market: 578 Days

Original Listing Description

The property is located within the City of Miami and is zoned T6-48B-O which allows a density of up to 500 units per acre, a height of up to 80 stories (inclusive of bonuses), and a FLR of 27 (inclusive of bonuses). The property is also located within the Metromover Subzone of the Miami-Dade County Rapid Transit Zone Overlay and could be developed pursuant to those regulations which may allow for additional height and FLR without the payment of bonuses.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

75 SW 11th St, Miami FL 33130

About This Neighborhood

Located in downtown Miami, this property benefits from proximity to a vibrant urban core with diverse amenities. The area is known for its accessibility to public transit, including the Metromover system, which connects residents and visitors to major business districts and entertainment venues. The neighborhood supports a mix of residential, commercial, and cultural uses, making it an attractive location for multifamily developments. Its central location offers convenient access to shopping, dining, and recreational options, enhancing the appeal for future residents or tenants.

Walkability & Lifestyle

Situated in downtown Miami, this location offers excellent walkability with nearby restaurants, shops, and entertainment venues within easy reach. Residents can enjoy access to waterfront parks, marinas, and cultural attractions on foot or via the Metromover transit system. The area supports an active urban lifestyle with diverse dining options, retail centers, and recreational spaces. Daily errands and leisure activities are conveniently accessible, making this a well-connected and pedestrian-friendly neighborhood.

Things To Do Nearby

The vicinity around 75 SW 11th St offers a rich array of activities including waterfront dining, boating, and cultural experiences. Miami’s vibrant nightlife, art galleries, and theaters are easily accessible. Outdoor enthusiasts can enjoy nearby parks, golf courses, and marina facilities. The location’s proximity to the Metromover transit system enhances access to shopping districts, museums, and entertainment hubs, providing a dynamic lifestyle for residents and visitors alike.

Nearby Schools

The property’s downtown Miami location provides access to a variety of educational institutions within reasonable commuting distance. Families and residents in the area benefit from public and private school options, including elementary, middle, and high schools. The urban setting also offers proximity to colleges and universities, supporting educational needs from primary through higher education. Convenient transit options facilitate easy access to these schools, enhancing the neighborhood’s appeal for residents prioritizing education.

Why Buyers Like This Area

Buyers are drawn to this property for its prime downtown Miami location combined with flexible zoning that supports high-density development. The connection to Miami’s rapid transit system adds significant value by improving accessibility and reducing reliance on cars. The potential to build up to 80 stories with bonuses and additional height incentives appeals to developers aiming for large-scale projects. Its position within a thriving urban neighborhood with diverse amenities makes it attractive for multifamily or mixed-use developments.

Investment Potential

This commercial land parcel in Miami presents a notable opportunity for developers interested in multifamily or income-generating projects. The zoning allows for high density and significant building height, which can accommodate a large-scale development. Being part of the Metromover Subzone within the Miami-Dade Rapid Transit Overlay offers potential advantages such as increased building height and floor area ratio without additional bonus payments. These factors contribute to the property's appeal for those seeking to capitalize on Miami’s urban growth and transit-oriented development trends.

Market Trends

Miami’s commercial real estate market continues to attract interest due to its strategic location and growing population. Properties zoned for high-density multifamily use, especially near transit hubs, are in demand as urban living gains popularity. The ability to build up to 80 stories and leverage transit overlay incentives positions this land competitively in the market. While inventory fluctuates, areas with strong transit connections and zoning flexibility tend to maintain long-term appeal among developers and buyers focused on sustainable urban growth.

Rental Income Potential

Given the property’s zoning and location within a transit overlay zone, it holds potential appeal for multifamily rental developments. The proximity to downtown Miami and public transportation can attract a diverse tenant base seeking convenient urban living. Seasonal demand and Miami’s dynamic rental market may support consistent tenant interest. However, rental income potential depends on the final development plan, market conditions, and property management. Prospective investors should consider these factors when evaluating this site for rental purposes.