2390 Nw 62nd St, Miami, FL 33147

$2,000,000

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List Price
$2,000,000
Price Change
▼ $500,000 1776129223
MLS#
A11986571
Lot Size
30,209
Subtype
Residential
County
Miami-Dade
Community
Frances Pk
Subdivision
Frances Pk

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!

Additional Information

Front Exposure
North
Status Label
ACTIVE
Lot Description
City Location, Corner Location, Other Soil Type, 3/4 To Less Than 1 Acre Lot, Other
Taxes
$5,431
Utilities
Electricity Connected, Sewer Connected, Water Connected
Acres
0.72

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Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Realty, Contact: michaelj.suarez@cbrealty.com