2390 NW 62nd St

Miami, FL 33147
$4,500,000

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.

  • Property Details
      • Lot description:City Location, Corner Location, Other Soil Type, 3/4 To Less Than 1 Acre Lot, Other
      • Acres:0.72
      • Property type:Purchase
      • Sewer information:Public Sewer
      • Utility source:Municipal Water
      • Utility features:Electricity Connected, Sewer Connected, Water Connected
      • Subdivision:FRANCES PK
      • County:Miami-Dade County
      • MLS #:A11433646
      • Cost:4500000
      • Property subtype:Residential
      • MLS #:A11433646
      • Structure type:Residential

Location

Lifestyle International RealtyReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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