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    2263 NW 62Nd St Miami, FL 33147

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    For Sale
    $430,000

    High-visibility vacant lot in Miami's Qualified Opportunity Zone.

    Lot size:
    0.22 Acres

    Property Features for 2263 NW 62Nd St

    General Information

    Lot size
    0.22 Acres

    Source: The Alpha Commercial Advisors LLC Agent Jamie Maniscalco

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

    Overview

    Corner Development Site in Miami

    This corner development site is located in a well-situated, high-visibility corridor of Miami, specifically at the intersection of NW 62nd Street and NW 22nd Avenue. This vacant lot is positioned within a Qualified Opportunity Zone and offers zoning potential for up to 19 residential units over 10 stories. The property is near Miami-Dade's SMART Program transit infrastructure, making it suitable for transit-oriented development. Major redevelopment efforts are underway nearby, including the Liberty Square revitalization. This site offers long-term potential for developers and investors looking to capitalize on the area's growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -80.234747
    Latitude
    25.831698

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    FAQs

    What type of property is this?
    Commercial land - High-visibility vacant lot in Miami's Qualified Opportunity Zone.
    Where is this commercial land located?
    The property is located at 2263 NW 62Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Prime corner development site in a high-visibility corridor.; - Located within a Qualified Opportunity Zone.; - Zoning potential for up to 19 residential units over 10 stories.
    (201) 264-0113
    Request Owner's contact information
    2263 NW 62Nd St Miami, FL 33147
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    Miami, FL 33147
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2263 NW 62Nd St Miami, FL 33147
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