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2390 NW 62Nd St Miami, FL 33147

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For Sale
$3,600,000

Approved development site with 105 residential units and retail.

Lot size:
0.72 Acres

Property Features for 2390 NW 62Nd St

General Information

Lot size
0.72 Acres

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Listing Contact
Maria Vinces
Source: Elliman

Listing Agent: Maria Vinces

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Approved Mixed-Use Development Opportunity

This is a rare opportunity to acquire a fully site plan-approved development featuring 105 residential units, 37 parking spaces, and 3 commercial/retail units. The project spans 30,209 square feet across 5 folios, with a 50,848 square foot gross building area. A 70% parking reduction lowers construction costs. The unit mix includes 12 studios, 69 one-bedroom units, and 24 two-bedroom units. The property is situated in Model City, 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, the property offers potential access to affordable housing programs and tax incentives, presenting an exceptional investment opportunity.
Location Intelligence

Current Use by Public Records

J&J Auto Export, ... Car Dealer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.238642
Latitude
25.830971

FAQs

What type of property is this?
Mixed-use property - Approved development site with 105 residential units and retail.
Where is this mixed-use property located?
The property is located at 2390 NW 62Nd St Miami, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: - Fully site plan-approved development for **105 residential units and 3 commercial/retail units.**; - Located in an Opportunity Zone, offering potential tax incentives.; - Benefits from a **70% parking reduction**, lowering construction costs.
More about this property
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