2390 62nd St ,Residential, Frances Pk for Sale

2390 62nd St for Sale

Price $3,600,000.00

• Lot size 30209
• Year Build
• Waterfront
• Zip 33147
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prime Approved Development Opportunity ? Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just 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, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!

For more information on site plans contact Maria Elena Vinces (786)316-5859

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

City Location, Corner Location, Other Soil Type, 3/4 To Less Than 1 Acre Lot, Other

Prime Approved Development Opportunity ? Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just 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, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!

City:Miami,Zoning:6062,List A O R:A-Miami Association of REALTORS,Tax Year:2024,Latitude:25.8310114,List Price:3600000,Listing Id:A11740385,Longitude:-80.236647,Mls Status:Active,Utilities:1:Sewer Connected,2:Water Connected,Current Use:1:Check Land Use Plan,2:Other Usage,Postal Code:33147,Street Name:62nd St,Coordinates:1:25.8310114,Lot Features:1:Corner Location,2:Other Soil Type,3:3/4 To Less Than 1 Acre Lot,4:Other,Photos Count:3,Building Name:FRANCES PK,Days On Market:33,Listing Terms:1:Conventional,Lot Size Acres:0.72,Lot Size Units:Square Feet,M I A M I R E_ Area:31,M L S Area Major:Frances Pk,On Market Date:2025-01-28,Parcel Number:30-31-15-032-0050,Property Type:Land/Boat Docks,Street Number:2390,Public Remarks:Prime Approved Development Opportunity ? Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just 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, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!,County Or Parish:Miami-Dade County,Direction Faces:North,Documents Count:3,List Office Name:Coldwell Banker Realty,Private Remarks:For more information on site plans contact Maria Elena Vinces (786)316-5859,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:7739,Property Sub Type:Residential,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:FRANCES PK,Tax Annual Amount:5431,Unparsed Address:2390 NW 62nd St, Miami FL 33147,Listing Agreement:Exclusive Right To Sell,Road Frontage Type:1:City/County Maintained,2:Public Road,Building Area Units:Square Feet,Lot Size Square Feet:30209,Original List Price:3600000,Public Survey Range:31,Documents Available:1:Aerial Photo,2:Plans Available,I D X Participation Y N:1,Syndication Remarks:Prime Approved Development Opportunity ? Mixed-Use Site Rare chance to acquire a fully site plan-approved development with 105 residential units, 37 parking spaces, and 3 commercial/retail units. Spanning 30,209 sq. ft. across 5 folios with a 50,848 sq. ft. gross building area, this project benefits from a 70% parking reduction, lowering construction costs. The unit mix includes 12 studios, 69 one-bedrooms, and 24 two-bedrooms. Situated in Model City, just 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, offering potential access to affordable housing programs and tax incentives. An exceptional investment opportunity!,Additional Parcels Y N:1,Listing Contract Date:2025-01-28,Originating System I D:miamire,Public Survey Section:15,Showing Instructions:Call Listing Agent,Street Number Numeric:2390,Tax 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,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Prime Mixed-Use Development! Approved for 105 residential units, 3 retail spaces,& 37 parking spots with a 70% reduction Great investment opportunity!,Contract Status Change Date:2025-01-28,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,