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!
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!
Property Details
Price:
$3,600,000
MLS #:
A11740385
Status:
Active
Beds:
0
Baths:
0
Address:
2390 NW 62nd St
Type:
Single Family
Subtype:
Residential
Subdivision:
FRANCES PK
Neighborhood:
Frances Pk
City:
Miami
Listed Date:
Jan 28, 2025
State:
FL
ZIP:
33147
Lot Size:
30,209 sqft / 0.72 acres (approx)
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Other Structures
None
Financial
Tax Year
2024
Taxes
$5,431
Map
Community
- Address2390 NW 62nd St Miami FL
- SubdivisionFRANCES PK
- CityMiami
- CountyMiami-Dade County
- Zip Code33147
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