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+1 photosLuxury home — 7618 NE 2nd Avenue · Rose Lawn Pk A Sub · Miami
$2,200,000
7618 NE 2nd Avenue, Miami, FL 33138
Miami, FL, 33138
— bd · — ba · — sqft
Listed by Scale Commercial Realty
7618 NE 2nd Avenue, Miami, FL 33138
Listed by Scale Commercial Realty
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homes7618–24 NE 2 Avenue presents an infill development opportunity within Miami’s Little River submarket, an area benefiting from growth extending from the Upper East Side, Midtown, Wynwood, and the Design District. The property is located within a rapidly evolving infill market with active new construction and redevelopment in the immediate area, highlighting ongoing neighborhood transformation.The site supports mid-rise residential development under existing zoning, offering density and flexibility while maintaining a clear entitlement framework. Its location near NE 2nd Avenue, Biscayne Boulevard, and I-95 provides convenient access to Downtown Miami, Miami Shores, Miami Beach and surrounding employment centers, supporting long-term residential demand.Overall, the property offers a well-located, entitlement-supported opportunity for developers seeking exposure to one of Miami’s emerging urban growth markets. ±13,268 SF assemblage across two contiguous foliosZoned T6-8-O allowing up to 8 stories with residential and commercial uses.Located within the Little River submarket near Upper East Side, Wynwood and the Design District.Strong connectivity via NE 2nd Avenue, Biscayne Boulevard, and I-95Eligible for Florida Live Local Act incentives and located within a designated Opportunity Zone, supporting residential-focused development strategies.potential to develop up to 46 residential units as of right, subject to compliance with applicable regulations and design standards
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
269 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
7618 NE 2nd Avenue, Miami, FL 33138 · Miami
Location
7618 NE 2nd Avenue, Miami, FL 33138
What buyers ask about this home
What are the estimated monthly carrying costs at 7618 NE 2nd Avenue, Miami, FL 33138?+
Property tax (after sale): $2,601/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 7618 NE 2nd Avenue, Miami, FL 33138?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 7618 NE 2nd Avenue, Miami, FL 33138 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 7618 NE 2nd Avenue, Miami, FL 33138?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 7618 NE 2nd Avenue, Miami, FL 33138?+
This listing has been on the market 269 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Jesse J. Mccrary Jr. Elementary School
Elementary · 0.8 mi from this home · 514 Nw 77Th St, Miami
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Mcdonalds Playworld Community Development Inc Dba
Pre-K & Kindergarten · Private · Grades K–12 · Miami
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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