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7040 SW 61st Avenue, South Miami, FL 33143 (MLS# A10880656)

7040 SW 61st Avenue, South Miami, FL 33143

$5,150,000
Property Type: Land & Docks Lot Size (sq. ft.): 31,380 Status: Closed
Current Price: $5,150,000 List Date: 3/09/2020 Last Modified: 6/14/2026

Overview

Description

ESTATE SALE! 35,292 SqFt Lot on Miami's most desired OPPORTUNITY ZONE!!! Prime South Miami Location with access from 2 Streets (61st Ave. and 61st Ct). Sale includes adjacent vacant land (7109 SW 61st Ct). CURRENT ZONING - TODD MU5 ALLOWING MAXIMUN 7 STORY 185,000 WITH BONUSES. MIX USE ENCOURAGED.

Listing Details MLS# A10880656

General Property Information

Property Sub Type
Unimproved Land
Lot Size Acres
0.72
Lot Size Square Feet
31380
Lot Size Dimensions
35292
Lot Depth
214
Minimum Livable Area
5469
Additional Parcels YN
Yes
Additional Parcels Description
2nd Parcel ID 09-4025-027-0090
Lot Frontage
150
LP/SqFt
254.94

Property Features

Comprehensive Plan Use: Professional; Urban Commerce Current Use: Other Documents Available: Appraisal; Survey Environmental Audit: Phase 1 Location of Property: Central Business District; City Location; Other Possession: Negotiable Sewer: Public Sewer Special Information: City Jurisdiction Utilities: Cable Available; Electricity Available; Phone Available; Sewer Available; Water Available; Trash Removal Road Frontage Type: Public Road Road Surface Type: Paved Water Access: None Water Source: Public Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
8000000
LP/Acre
11111111.11
LP/Frontage
53333.33

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
7040
Street Direction Prefix
SW
Street Name
61st
Street Suffix
Avenue
City Name
South Miami
Municipal Code
9
State Or Province
FL
Postal Code
33143
Postal Code +4
3450
Postal Zip
33143
Subdivision Name
ROSSWOOD
Area
2400
Parcel Number
0940250110130
Subdivision Number
11
Zoning
6801
Flood Zone
X
Directions
FROM US1 GOING SOUTH TURN RIGHT INTO SW 72ND STREET / SUNSET DR AND RIGHT ONTO 61ST AVE.

Financial Information

Tax Year
2019
Tax Annual Amount
45184
Tax Legal Description
25 54 40 .77 AC ROSSWOOD PB 13-62 LOTS 8-9-10 BLK 2 & LOTS 4-5 & 6 OF BLK 2 LARKIN CENTER PB 27-67 LOT SIZE 31380 SQUARE FEET OR 10231-0379

Status Change Information

Major Change Timestamp
2020-07-18T04:57:03Z
Major Change Type
Status Change
Status Change Date
2020-07-20
Under Contract Date
2020-06-23
Close Date
2020-07-17
Close Price
5150000
Buyer Financing
Conventional
SP/Acre
7152777.78

More Information

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
941.67

Section Details

Parcel Number MLX
0130

Originating Details

Originating System Key
347475929
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Documents Available

Appraisal
Yes
Survey
Yes

Comprehensive Plan Use

Professional
Yes
Urban Commerce
Yes

Current Use

Other
Yes

Environmental Audit

Phase 1
Yes

Location of Property

Central Business District
Yes
City Location
Yes
Other
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Special Information

City Jurisdiction
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes
Trash Removal
Yes

Water Access

None
Yes

Road Frontage Type

Public Road
Yes

Road Surface Type

Paved
Yes

Water Source

Public
Yes

Income and Expenses

Inc/Exp Statement Period
No

Contingencies

None
Yes
Listing Office: Compass Florida, LLC
IDX
Last Updated: June - 14 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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