$12,600 a month today
About $151,200 a year in current gross income.
AVAILABLE · ALLAPATTAH, MIAMI
An Income-Producing Corner 0.6 Miles from the Planned Carnegie Mellon Campus
A ±18,320 SF, four-parcel corner at NW 7th Avenue and NW 30th Street in Allapattah. Hold it for income, convert it to commissary kitchens, or redevelop it.
0.6 MI TO THE PLANNED CARNEGIE MELLON CAMPUS
Get Directions →
Straight-line distance to the Mana Wynwood Convention Center. Campus boundaries have not been published.
±18,320 SF
Land area, subject to survey
±0.42 AC
Combined site
4
Parcels
T4-O
Miami 21 zoning
Corner
NW 7th Ave & NW 30th St
$151,200/yr
Current gross income
0.6 mi
To the planned Carnegie Mellon campus
Income Today, Room to Grow
This is an income-producing property. It generates $12,600 a month in gross income today, about $151,200 a year.
There is room to grow that income. Leasing the vacant space, repairs, a cleaner presence on NW 7th Avenue, and re-leasing as leases roll give a buyer room to raise rents.
$15,450 fully leased
Leasing the vacant space at asking rents adds $2,850 a month, about $185,400 a year.
Hold while you plan
Rent helps carry the site while you work through kitchens or redevelopment.
Rent figures are from the seller's rent roll as of October 2026, unaudited and subject to verification. Figures are gross rent before expenses; the landlord pays electricity and water for several spaces. The full rent roll and leases are available to qualified buyers. No future rent or return is represented.
Plans in Progress for Three Commissary Kitchens
The existing buildings are planned for renovation into three commissary kitchens. Plans are already in progress with the City of Miami, with approval expected in early 2027.
A commissary kitchen is a licensed, shared commercial kitchen. Food trucks, caterers, meal-prep companies, and delivery-only brands rent time or space in it instead of building their own.
Three kitchens on one site means three rent streams, and a corner with I-95 access suits operators who load out and drive across the city every day.
Three kitchens planned
City approval expected in early 2027
Minutes from Wynwood's restaurant and food scene
Fast access to I-95 for food trucks and delivery
Commissary kitchen plans are under City of Miami review and have not been approved. Expected approval timing is the seller's estimate. Approvals, timing, build-out cost, and rents are not guaranteed. Plans available to qualified buyers.
Allapattah, Minutes to Wynwood
The site holds the northwest corner of NW 7th Avenue and NW 30th Street, in the heart of Allapattah. Wynwood, Midtown, and the Design District are a short drive east, and I-95 runs just across the avenue.
NW 7th Avenue is a designated City of Miami transit corridor. Frontage on both streets gives a future project visibility from the avenue and the side street.
Allapattah is an active redevelopment neighborhood, drawing new residential, arts, and creative uses west of Wynwood.
Northwest corner, two street frontages
I-95 just east of the site
NW 7th Avenue transit corridor
Minutes to Wynwood, Midtown, and the Design District
Three Paths to Test
T4-O zoning under Miami 21 allows low-rise development by right. The site may also be eligible for two housing incentive programs that can allow more height and density. Buyers should confirm eligibility and capacity with the City.
Standard T4-O
Build under current Miami 21 rules: up to three stories and 36 dwelling units per acre, before incentives.
City Workforce Living
May be eligible for up to four stories (50 ft) and up to double the base density, with workforce affordability set-asides.
Live Local Act
May be eligible for expanded height, density, and use under Florida's Live Local Act, with at least 40% of units affordable at or below 120% of area median income (AMI) for 30 years.
Mixed-use with ground-floor commercial along NW 7th Avenue is one use to test.
Program eligibility is not an entitlement. Height, density, unit count, and parking depend on City review, program requirements, and project design. No unit count or maximum height is represented.
WHY NOW
Student Housing Near Miami's Planned Carnegie Mellon Campus
Carnegie Mellon University is planning a Miami campus on the Mana Wynwood site, about 0.6 miles from this corner. CMU expects construction to begin in 2027, graduate students in 2028, and an undergraduate class in 2032, pending regulatory approvals.
CMU projects the finished campus will support more than 3,500 students, about 300 faculty, and more than 600 staff, all of whom need places to live. This site is one to test for student housing, on its own or through the Workforce Living or Live Local paths above.
$1.1 billion land deal
Mana Common reports that Ken Griffin bought about 30 acres of its Wynwood land for about $1.1 billion, closing September 29, 2026, for a planned Carnegie Mellon campus.
Mana CommonA Miami campus for CMU
Carnegie Mellon announced a $3 billion gift from Griffin, including $2 billion to build a Miami campus of about 35 acres.
Carnegie MellonDistance is straight-line from 3014 NW 7th Ave to the Mana Wynwood Convention Center (318 NW 23rd St), per Google Maps; campus boundaries are not yet published. Regional market context, not a valuation comparable. These announcements do not set the value or development rights of this property. Carnegie Mellon University, Ken Griffin, Citadel, and Mana Common are not affiliated with this offering and have not endorsed it. Student housing is a use to evaluate, not an approved use or a forecast of demand.
Site Designations
- Opportunity Zone
- Located in Opportunity Zone tract 12086002502. Buyers should seek their own tax advice.
- Transit corridor
- Within the City of Miami's NW 7th Avenue transit corridor.
- Brownfield area
- Within the Miami EZ Expansion brownfield area, where program incentives may apply. This designation is not a finding of contamination.
- Flood zone
- FEMA Flood Zone X.
- Other overlays
- Not in an NRD, SAP, CRA or historic district.
Designations per City of Miami and Miami-Dade County GIS as of September 2026. Opportunity Zone designations are subject to a new federal cycle beginning January 1, 2027.
The Parcels
| Address | Folio | Land area ± SF |
|---|---|---|
| 3002 NW 7th Ave | 01-3126-005-0010 | 4,730 |
| 3010 NW 7th Ave | 01-3126-005-0020 | 3,720 |
| 3014 NW 7th Ave | 01-3126-005-0030 | 3,720 |
| 725 NW 30th St | 01-3126-005-0050 | 6,150 |
| Total | ±18,320 (±0.42 ac) |
All addresses Miami, FL 33127. Land areas per Miami-Dade County recorded lot sizes, subject to survey. The parcels have existing one-story buildings that produce rental income; rent roll and leases are available to qualified buyers.
Request Pricing & Property Details
Pricing and additional information are available to qualified buyers. Tell us about your interest and we'll follow up promptly.
See the Full Property Site
Maps, the illustrative concept, and more on the NW 7th Avenue assemblage.