90 2200, Miami, FL 33147

$1,490,000

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List Price
$1,490,000
Status
ACTIVE
Days on Market
318
MLS#
A11899551
Subtype
Land
Lot Size
10,454
Acres
0.24
Subdivision
Phelans Manor
MLS Area Major
2410

Property Description

PRICE IMPROVEMENT — $300,000 BASIS RESET | NOW OFFERED AT $1,490,000. Seller financing available with flexible terms. ±10,786 SF mixed-use development site in West Little River with near-approved plans for an 8-story, 50-unit project comprising 48 residences (36 1B/1B, 6 1B+Den/1B and 6 2B/2B, including 6 workforce units) plus 2 ground-floor retail spaces totaling 1,666 SF. Includes 34 parking spaces, with 7 EV-ready stalls. Approvals are nearing completion, significantly reducing entitlement risk and predevelopment time. Located at NW 22nd Ave and NW 90th St within an Opportunity Zone. Current pro forma projects approximately $1.26M in annual gross potential income. Plans, financials and full development package available upon request.

Additional Information

Taxes
$4,583
Elementary School
Shenandoah
Middle School
Shenandoah
High School
Miami

Listing courtesy of Fausto Commercial Realty Consultants Inc. Contact:

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Agent: Mauricio Villasuso | Email: mv@faustocommercial.com