2390 NW 62nd Street, Miami, FL 33147

$2,000,000

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List Price
$2,000,000
Status
ACTIVE
Days on Market
178
MLS#
A11986571
Subtype
Land
Lot Size
30,209
Acres
0.72
Subdivision
Frances Pk
MLS Area Major
2310

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

Taxes
$5,431
Elementary School
Agenoria S. Paschal / Olinda
Middle School
Brownsville
High School
Miami Northwestern

Listing courtesy of Coldwell Banker Realty. Contact:

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Agent: Michael J Suarez | Email: michaelj.suarez@cbrealty.com