Price Reduction
Address
2390 NW 62nd St, Miami, FL
Price
$ 3,600,000
Property Attributes
  • MLS#A11433646
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area31
  • NeighborhoodFRANCES PK
  • Zip33147
  • StyleResidential
  • Taxes$ 5431
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.72 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

MixedApproved development site opportunity to acquire and build an already final site plan approved development of 105 residential 37 parking and 3 commercial/retail units. Total land is comprised of 5 folios from corner to corner, 30,209 sqft, and gross area of 50,848 sq ft. These already approved include a 70% parking reduction, having a significant impact in cost efficient construction. The approved plans consist of (12) studio units, (69) 1 bedroom units, and (24) 2 bedroom units. This growing area of Model City is just steps to Wynwood, Design district, downtown, and health district and less than one mile to Liberty Square a major redevelopment in the area. This development site's is located in an opportunity zone, buyer may seek many of the available programs for affordable housing.

Price History
8/14/2023 Listed $5,600,000
4/22/2024 36% - $3,600,000

General Features

Sewer PublicSewer
Possession ClosingFunding
Development Status RawLand
Property SubType Residential
Tax Year 2022
Additional Parcels Description 30-31-15-032-0040
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name FRANCES PK
Facing Direction North
Garage Y/N No
Building Features NotApplicable
Status Active
City Miami
Buyer Agent Compensation 3%
View Y/N No
Senior Community Y/N No
Zoning Description 6062
MLS Area 31
Lot Size Square Feet 30209.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 62nd St
Listing Terms Cash,Conventional
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5431.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11433646
Days on Market 255
Standard Status Active
Occupancy Description Vacant
Property Sub Type Additional Residential
MobileHomeRemainsYN No
PostalCity Miami
Legal Description FRANCES PARK PB 19-5 LOTS 6 THRU 12 LESS N20FT FOR R/W BLK 1 LOT SIZE 18582 SQ FT OR 13171-1877 0187 1 COC 24845-3916 25616-2557 0706 4

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features Item1Acre
Water Source Public
Lot Size Area 30209.0
Spa No
Lot Size Acres 0.72
Road Surface Type Paved
Lot Size Units SquareFeet
Covered Spaces 0.0
Number of Lots 5
Crops Included Y/N No
Road Responsibility PublicMaintainedRoad
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33147

Price
AVG $820K
$3.6M
Taxes
AVG $2,476
$5,431
Visits
AVG 216
266
Data Provided by Inside Real Estate®
Walkscore
AVG 62
58
Data Provided by Walkscore® not using MLS data

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