For Sale
$4,500,000

2321 62Nd StMiami, FL 33147

1.16-Acre Redevelopment Site, 90 Units/Acre Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.16-acre development opportunity in Miami, Florida, presents a compelling investment prospect. Located at 2321 NW 62nd St, 33147, within Miami-Dade County's Mixed-Use Corridor (MC) zoning (6062 UC CENTER - MIXED USE CORRIDOR (MC)), this property offers significant potential. The existing 50,446 square foot, 10-story building, constructed in 1994, presents a redevelopment opportunity within a Qualified Opportunity Zone and Qualified Census Tract, unlocking various tax and development incentives. The site's zoning permits the construction of up to 90 units per acre, with a minimum of two and a maximum of ten floors. The asking price is $4,500,000, translating to $89.20 per square foot. The property's APN is 30-3115-026-0010. This prime location offers developers a chance to capitalize on Miami's thriving real estate market and benefit from substantial development incentives. The rectangular parcel's size and zoning make it ideal for a high-density mixed-use project. This is a rare chance to acquire a significant development site in a high-growth area. Don't miss this opportunity to create a landmark project in a vibrant and expanding urban center.

Highlights

  • $4,500,000 asking price for a redevelopment opportunity.
  • 1.16-acre lot in Miami, FL, zoned Mixed-Use Corridor (MC).
  • Potential for up to 90 units per acre.
  • Located in a Qualified Opportunity Zone and Qualified Census Tract.
  • 50,446 square feet, 10-story building built in 1994.

Property Details for 2321 62Nd St

Property type
Specialty properties, Retail properties
Square Feet
50,446 SF
Year Built
1994
Stories
10
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8317121
Longitude
-80.2355064
2321 62Nd St, Miami, Florida

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2321 62Nd St
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