2181 90Th St Miami, FL 33147
- Land
Current Use by Public Records
- Land
Property Details for 2181 90Th St
- Property type
- Land
Description
This exceptional 7,288 square foot residential land parcel in Miami, Florida, presents a unique development opportunity. Located at 2181 NW 90th St, Miami, FL 33147 (APN 30-3103-023-0190), this property boasts a fully approved site plan for a mixed-use development, originally permitting 250 units per acre up to 15 stories. Due to recent upzoning, revised plans for 26 units have been resubmitted. The property is situated in a rapidly developing area, with over 500 units of residential and retail planned within one block. Nearby projects include an under-permitting development at 8929 NW 22nd Ave and a neighboring site plan for 48 units listed at $2 million. The area's growth is further evidenced by a large, six-tower project (3,400 units) at 8400 NW 25th Ave. Market analysis indicates rents exceeding $4.00 per square foot for smaller units in West Little River. All utilities are readily available, and no costly extensions are needed. Importantly, this property is not located in a flood zone. The asking price of $469,000 represents the lowest price per buildable unit with site plan approval currently available. The sale includes a tree removal permit. Furthermore, a zoning consultant's services are included post-closing to assist with design modifications, should the buyer desire changes to the existing plans.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2335
- Latitude
- 25.8566
