Home » Properties » 7946 NW 12th Pl, Miami FL 33147

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Large Residential Lot for Sale in Miami Opportunity Zone

16,485 sqft residential land at 7946 NW 12th Pl, Miami, located in an Opportunity Zone with redevelopment potential.

$1,200,000

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MLS #A11785807

Listing Updated: 2026-07-10 12:35:57

Listed By: Keter Estates LLC

Overview

This expansive 16,485 sqft residential lot at 7946 NW 12th Pl in Miami offers a unique opportunity for redevelopment within a designated Opportunity Zone. The surrounding area is experiencing new construction and revitalization, making this parcel well-positioned for future projects. All existing structures on the site will be removed prior to closing, providing a clean slate for your development plans. Its location in Miami provides access to a dynamic urban environment with growing demand for residential properties. This land is suitable for buyers looking to build new residential structures or explore redevelopment possibilities in a promising neighborhood.

Property Highlights

Large 16,485 sqft lot, located in Miami Opportunity Zone, surrounded by redevelopment, all structures to be demolished before closing.

Property Details

City: Miami

State: FL

Zip Code: 33147

Address: 7946 NW 12th Pl, Miami FL 33147

Year Built:

Property Type: Land/Boat Docks

Property Sub Type: Residential

Listing Office Name: Keter Estates LLC

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $5,857

Days On Market: 415 Days

Original Listing Description

Large 16,485sqft Lot -Excellent Location in Opportunity Zone. Redevelopment and new structures on surrounding streets. All existing structures will be demolished prior to closing.

Property Location

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

7946 NW 12th Pl, Miami FL 33147

About This Neighborhood

Located in Miami’s 33147 ZIP code, this property benefits from a neighborhood experiencing revitalization and new construction. The area combines residential charm with increasing urban amenities. Nearby streets are seeing redevelopment efforts, contributing to a dynamic community atmosphere. Residents enjoy access to Miami’s diverse cultural and recreational offerings while living in a neighborhood with potential for growth. The location supports a balanced lifestyle with proximity to both city conveniences and quieter residential streets.

Walkability & Lifestyle

This Miami property is situated in an area with improving walkability, featuring nearby shops, dining options, and community services. Residents can enjoy access to local amenities within a reasonable walking distance, contributing to a convenient lifestyle. The neighborhood’s ongoing redevelopment enhances pedestrian-friendly features and connectivity. Additionally, Miami’s waterfront and parks are accessible within a short drive, offering outdoor recreational opportunities and scenic environments.

Things To Do Nearby

Living near 7946 NW 12th Pl provides opportunities to explore Miami’s vibrant lifestyle, including waterfront activities, cultural venues, and diverse dining experiences. The area is close to parks and recreational spaces ideal for outdoor enthusiasts. Miami’s renowned beaches and marinas are also within reach, offering boating and water sports. Residents can enjoy a variety of entertainment and leisure options, from casual eateries to nightlife, reflecting the city’s dynamic character.

Nearby Schools

The neighborhood surrounding 7946 NW 12th Pl offers access to a variety of educational institutions within Miami. Families considering development or purchase will find convenient options for primary and secondary education nearby. The area supports a community-oriented environment with schools that serve the local population. Proximity to educational facilities adds to the location’s appeal for residents seeking accessible schooling options.

Why Buyers Like This Area

Buyers appreciate this Miami lot for its sizable area and location within an Opportunity Zone, offering redevelopment possibilities in a neighborhood undergoing positive change. The site’s proximity to urban amenities and Miami’s cultural attractions adds to its appeal. Its clean slate status, with existing structures to be removed, allows flexibility in planning new residential projects. The neighborhood’s blend of growth potential and community atmosphere makes it attractive for those seeking to build customized homes or investment properties.

Investment Potential

This 16,485 sqft residential lot in Miami’s Opportunity Zone presents a solid option for buyers interested in redevelopment projects. The area is undergoing significant transformation, which may attract future interest for residential development. While no guarantees can be made, the lot’s size and location offer flexibility for various building plans. Its position within an Opportunity Zone may provide certain tax advantages for qualified investors, adding to its appeal. Prospective buyers should consider local zoning and development regulations to maximize the lot’s potential.

Market Trends

Miami’s real estate market continues to attract attention due to its diverse housing options and economic growth. In the 33147 area, there is a noticeable trend toward redevelopment and new construction, reflecting demand for modern residential spaces. Land parcels like this one are increasingly valuable as buyers seek opportunities to build tailored homes or multi-unit properties. Market interest remains steady, supported by Miami’s appeal as a vibrant metropolitan area with year-round activity and development potential.

Rental Income Potential

While this listing is land without existing rental structures, its location in a growing Miami neighborhood suggests potential interest from future tenants once developed. The area’s appeal to renters is supported by proximity to urban amenities, transportation, and recreational options. Investors considering new construction may find the site attractive for creating rental properties that meet local demand. Seasonal and long-term rental markets in Miami generally benefit from consistent tenant interest, particularly in well-located residential areas.