2390 NW 62nd St, Miami, FL 33147
2390 NW 62nd St, Miami, FL 33147
2390 NW 62nd St, Miami, FL 33147
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$2,000,000
Est. payment /mo
0.72 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Frances Pk

MLS Listing ID A11986571

HOA Y/N No

Annual Tax Amount $5,431

Tax Year 2025

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type Residential

Property Description

Prime Approved Development Opportunity – Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just minutes from Wynwood, the Design District, Downtown, and the Health District, and under a mile from Liberty Square's major redevelopment. Located in an Opportunity Zone, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!

Location

State FL

County Miami-dade

Community Frances Pk

Area 31

Exterior

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre

Faces North

Sewer Public Sewer

Water Public

Others

Tax ID 30-31-15-032-0050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11986571


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Coldwell Banker Realty

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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2390 NW 62nd St